Latest Trends Headlines
All the headlines from our Trends Topic Page, ordered by recency.
Summit: Insuring Cannabis Specialists Talk Trends, Risks and Coverage Challenges
Oct 11 2023 // Powered by InsuranceJournal.tv Unique vapes, infused cocktails and even personal hygiene items — the variety of new and emerging cannabis products is a clear sign the industry is maturing and innovating. And more...
75% of Small Businesses Are Underinsured, Says Hiscox Survey
Oct 11 2023 // Small businesses may be growing their revenue, but the vast majority – 75% – are not adequately protecting themselves and their assets. Small businesses are an essential part of the US economy, with 56 million workers...
Hacker Puts 23andMe User Data Up for Sale on the Internet
Oct 10 2023 // An anonymous hacker is claiming to be selling “millions” of genetic profiles cobbled together from hijacked 23andMe customer accounts. The seller suggested the profiles, which include email addresses, photos,...
Most Homeowners Face Barriers to Improve Resiliency, Says APCIA Survey
Oct 10 2023 // As personal property owners face issues related to rising frequency and severity of natural catastrophes, a survey has found many do not have money or know where to start in order to mitigate damages. The American Property...
Survey: Cyber Budgets, Insurance Premium Jump Across Sectors
Oct 10 2023 // Budgets and insurance policy costs have increased exponentially despite doubts surrounding efficacy of cyber practices, according to a recent survey gauging cybersecurity practices among global debt issuers conducted by...
2023 on Track to Become Hottest Year on Record: EU Climate Service
Oct 6 2023 // This year is on track to become the hottest since at least 1940, the European Union’s Copernicus Climate Change Service said on Thursday. Scientists have said climate change, combined with this year’s El Nino...
Takeaways from Our Conversation on Hemp Market’s Growth Potential
Oct 6 2023 // Powered by InsuranceJournal.tv Hemp is often a sidenote in conversations about the cannabis industry, but hemp has far greater growth potential than most people probably think. That’s according to a new report out...
Viewpoint: Reflecting on 30 Years of Transformation in the Re/Insurance Sector
Oct 4 2023 // Executive summary: Reflecting on 30 years of Pro Global’s journey in the re/insurance sector, it is evident that the company’s evolution parallels the broader shifts that have defined the industry’s...
Consumer Product Injuries Continue to Rise After Low in 2020
Oct 3 2023 // Following the record low number of consumer product-related injuries reported in 2020 (an 18% decrease), injuries increased 6.8% in 2021 and 7.8% in 2022, according to the Consumer Product Safety Commission (CPSC). The...
Don’t Expect the Same Raise You Got Last Year: Surveys
Oct 2 2023 // Companies are trimming their budgets for merit raises next year, a sign of belt-tightening that could surprise some employees who had enjoyed two straight years of increases. US employers surveyed by Aon Plc, which...
Hotel, Motel Markets ‘Dropping Like Flies’ As Outlook Remains Challenging
Oct 2 2023 // The hospitality industry has entered a new chapter. For those who weathered the recent near collapse of the sector, the American Hotel & Lodging Association entered 2023 with optimism that hotel room demand would...
Policygenius Finds Average Home Insurance Prices Up 21%
Oct 2 2023 // Online insurance marketplace Policygenius has found that home insurance premiums at renewal increased 21% on average from May 2022 to May 2023. The state that saw the highest average increase for homeowners insurance...
Texas Comptroller: State Revenue Driven by Increasing Insurance Premiums
Sep 29 2023 // When Texas lawmakers meet next month for a special session on funding public education, they will have more money available to them to spend than they anticipated when they passed the state’s $321.3 billion budget...
Small Businesses Underestimate Cyber Risks Despite Increased Threats: IBC Survey
Sep 29 2023 // Most small businesses don’t believe they will experience a cyber attack, yet many employees are concerned they are putting their organizations at risk, according to a recent poll by Insurance Bureau of Canada...
US Supreme Court Takes Up Case Over Corporate Trend Disclosures
Sep 29 2023 // The U.S. Supreme Court on Friday agreed to consider whether shareholders can sue companies for fraud when they flout a rule requiring them to disclose trends expected to affect their bottom line in a case involving a suit...
New MGA in Florida Shows More Growth in Private Flood Market
Sep 28 2023 // The private flood insurance market continues to expand, with a new managing general agent starting up in Florida. Titan Flood Inc., based in Tampa, is being launched by Stephanie Lee, the co-founder and chief operating...
Viewpoint: Biometric Litigation Is Significant Emerging Risk for Insurers
Sep 28 2023 // Executive Summary: Biometric litigation is a significant emerging risk that insurers must now take into consideration, says Jim Blinn, vice president, Client Solutions, Zywave. States are increasingly passing biometric...
Rising Claims Costs Limit US P/C Profitability in 2023
Sep 27 2023 // While the profitability outlook for the U.S. P/C industry this year is mixed, Swiss Re predicts a stronger year in 2024, as premium increases and interest rates improve industry results. According to the U.S. Property...
Target Closes Nine NYC, West Coast Stores to Stop Losses From Rising Theft
Sep 27 2023 // Target Corp. is closing nine stores in four states to stem losses from rising retail theft. One Manhattan location will be shuttered, along with two in Seattle, three in Northern California and three in Portland, Oregon,...
California’s Minimum Wage to Increase to $16 Per Hour in 2024
Sep 26 2023 // California’s minimum wage will increase to $16 per hour for all employers on Jan. 1, 2024. In 2023, the minimum wage was $15.50 for all employees regardless of employer size. Some cities and counties in California...
