Latest Pricing Trends Headlines

All the headlines from our Pricing Trends Topic Page, ordered by recency.

Black Sea Shipping Insurance Rates Rise After Ukraine Attacks on Tankers, Sources Say

Dec 2 2025 // The cost of shipping commodities through the Black Sea climbed on Monday after Ukrainian naval drones hit two tankers heading to a Russian port, with fears of further attacks driving up war risk insurance costs, industry...

Washington Workers’ Comp Average Premium Going up 4.9% in 2026

Dec 1 2025 // The average cost of workers’ compensation insurance in Washington is set to rise 4.9% for 2026.The Washington State Department of Labor & Industries announced that employers and workers will pay on average $1.37...

‘Clear’ Soft Market Pricing

Dec 1 2025 // Commercial lines premiums across all account sizes rose by less than 2% on average in the third quarter of 2025–a clear indication of soft market conditions across the board.That’s according to The Council of...

State Farm Files for 6.2% Auto Rate Reduction in California

Nov 20 2025 // State Farm Mutual Automobile Insurance Co. submitted a rate filing to reduce personal auto insurance rates by 6.2%.The filing has a targeted effective date of Feb. 23, 2026, and is pending approval from the California...

Missouri to See Small Increase in Workers’ Comp Rates in 2026

Nov 20 2025 // The Missouri Department of Commerce and Insurance (DCI) announced that workers’ compensation rates will increase slightly for employers for 2026.The National Council on Compensation Insurance (NCCI) proposed a slight...

Louisiana Commissioner Approves Rate Decreases for About 12K Allstate Auto Policies

Nov 20 2025 // Approximately 12,000 Louisiana Allstate customers will soon see a decrease in their auto insurance premiums.Louisiana Insurance Commissioner Tim Temple announced last week he has approved rate decreases for two Allstate...

‘Clear Soft Market Conditions’ for Commercial P/C Lines in Q3, Says CIAB

Nov 19 2025 // According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes in the third quarter 2025 rose by 1.6%, as premium increases in all lines...

Arizona Workers’ Comp Rates Fall for a 12th Straight Year

Nov 17 2025 // Workers’ compensation rates in Arizona are set to go down 6.7% next year.The Arizona Department of Insurance and Financial Institutions reviewed the annual National Council on Compensation Insurance rate filing for a...

With Earnings Up and Rates Dropping, Big National Execs Celebrate Florida Reforms

Nov 12 2025 // During earnings conference calls last week leaders of two large personal lines insurers commented on affordability issues, highlighting the downward impact of Florida tort reforms on auto insurance prices.“At a time...

North Carolina Rate Bureau Calls for 68% Dwelling Policy Rate Hike Over 2 Years

Nov 4 2025 // The North Carolina Rate Bureau is asking for 28.5% and 31% average rate increases for dwelling policies over the next two years, numbers that will likely be reduced after negotiations with the state insurance...

WV OIC Accepting Input on American Modern’s 47% Auto Rate Increase Request

Nov 3 2025 // The West Virginia Office of the Insurance Commissioner is accepting comments about a proposed 47.38% average increase in auto liability rates filed by American Modern Property and Casualty Insurance Co.About 504...

An Unsustainable Trend – Declining P/C Rates and Rising Cost of Risk: Marsh’s John Doyle

Nov 3 2025 // Property/casualty prices are declining, while the cost of risk continues to rise–a trend that is unsustainable over time, according to John Doyle, president and chief executive officer of Marsh McLennan...

Louisiana Drafting Rules for Up to 30% Premium Discounts for FORTIFIED Homes

Oct 23 2025 // The Louisiana Department of Insurance announced it is in the process of drafting new rules on premium discounts for homes that meet some of the toughest wind-resistant construction standards. A statute approved by...

Global Commercial Insurance Rates Drop 4% in Q3, for 5th Quarterly Decline: Marsh

Oct 23 2025 // Global commercial insurance rates fell, on average, by 4% in the third quarter of 2025, repeating the 4% decline recorded in Q2 2025, according to the latest Global Insurance Market Index published by Marsh, the insurance...

Florida, Alabama Hold Hearings on NCCI Workers’ Comp Rate Decreases

Oct 20 2025 // The National Council on Compensation Insurance is again recommending a reduction in workers’ compensation rates in Florida and Alabama, and regulators in both states have scheduled public hearings about the proposed...

An Unsustainable Trend – Declining P/C Rates and Rising Cost of Risk: Marsh’s Doyle

Oct 17 2025 // Property/casualty prices are declining, while the cost of risk continues to rise – a trend that is unsustainable over time, according to John Doyle, president and chief executive officer of Marsh McLennan...

All Commercial Insurance Lines Except One in ‘Soft-Market Territory’: WTW

Oct 16 2025 // Moment of opportunity.Clear horizons. The latest WTW Marketplace Realities report, published in early October, is heavy on descriptions of a “unique and promising” inflection point for commercial insurance...

Customers Look to Alternatives as Home Insurance Premiums Rise

Oct 6 2025 // Homeowners’ insurance rates are rising at a pace not seen in more than a decade, so more customers are asking why they should stay loyal if they perceive their insurer isn’t reciprocating.According to a recent...

Louisiana Farm Bureau Approved for Double-Digit Auto Rate Decrease

Oct 3 2025 // One of the largest auto insurers in Louisiana is implementing a double-digit rate decrease.Louisiana Insurance Commissioner Tim Temple has approved Louisiana Farm Bureau Casualty Insurance Company’s request for an...

US Commercial Lines Prices Increase 3.8%, Falling From Up 6% in Previous Quarters

Sep 22 2025 // U.S. commercial insurance rates increased 3.8% in the second quarter of 2025, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS).WTW said the price increase has been very close to 6% over the...