All the headlines from our Pricing Trends Topic Page, ordered by recency.
May 28 2009 // Florida Gov. Charlie Crist has signed legislation that will increase property insurance rates by 10 percent annually on more than one million customers of the state-backed Citizens Property Insurance Corp. and gradually...
May 28 2009 // According to findings from Marsh, “Insurance rates in the UK continued to fall, but at a slower rate, across all major lines of business in the first quarter of 2009.”The figures are based on business placed by...
May 26 2009 // The Nevada Division of Insurance has approved an overall rate decrease of 6.7 percent for physicians and medical professionals insured by Medicus Insurance Co.“Our claims experience in Nevada has been...
May 21 2009 // As it girds for hurricane season, Texas has plenty to worry about. The Texas Windstorm Insurance Association (TWIA) – which provides coverage for high risk coastal properties – has ended up at the brink of...
May 14 2009 // With the start of the hurricane season just a few weeks away, a leading Florida consumer advocate joined independent agents at a press conference today to warn that property insurance rates need to be raised if insurers...
May 11 2009 // Most insurance professionals detest a soft market due to the increase in competition, unreasonably low pricing and increased market vulnerability. Some, however, may appreciate a softening precisely because of the change...
May 11 2009 // Chicago-based Specialty Underwriters’ Alliance Inc. reported that although net income was down in the first quarter of 2009 compared to the same period a year ago, gross written premiums rose to $29 million compared...
May 8 2009 // UK companies renewing insurance in the second quarter “could be paying equal or even less premium with just 50 percent of underwriters predicting an increase in property rates,” according to Aon’s Market...
May 6 2009 // Florida Gov. Charlie Crist says he’ll sign legislation that increases property insurance rates by 10 percent on more than 1 million customers of the state-backed Citizens Property Insurance Corp.Crist said that...
May 4 2009 // Insurance premiums for businesses continued to slide towards a “soft landing” rather than an abrupt reversal resulting in rate increases, according to risk managers.While banks and other financial institutions...
May 1 2009 // The Travelers Companies, Inc. net income for the first quarter of 2009 fell more than 30 percent to $662 million, for the quarter ended March 31, 2009, compared to $967 million, for the quarter ended March 31, 2008....
Apr 29 2009 // Physicians and surgeons in Oregon have seen a decline in medical professional liability insurance rates the past several years, according to a Department of Consumer and Business Services analysis of recent rate...
Apr 28 2009 // At a rate hearing on Tuesday, April 28, California Insurance Commissioner Steve Poizner urged the Workers Compensation Insurance Rating Bureau (WCIRB) to withdraw its request for an increase in the workers’...
Apr 23 2009 // Homeowners in 18 coastal North Carolina counties whose homes are insured by a state-backed insurance pool shouldn’t expect a delay of higher rates taking effect May 1.A powerful state legislator said a comprehensive...
Apr 21 2009 // Insurance premiums for businesses continued to slide towards a “soft landing” rather than an abrupt reversal resulting in rate increases, according to risk managers.While banks and other financial institutions...
Apr 20 2009 // The Workers’ Compensation Insurance Rating Bureau of California has published its summary of insurer experience reported up to Dec. 31, 2008.California written premium for 2008 is estimated at approximately $10.4...
Apr 20 2009 // A new industry briefing shows reinsurance rates continuing to increase for the U.S. property-catastrophe reinsurance market for April 1, 2009, renewals.According to Guy Carpenter & Co.’s “Rates Up on...
Apr 7 2009 // A new industry briefing shows reinsurance rates continuing to increase for the U.S. property-catastrophe reinsurance market for April 1, 2009 renewals.According to Guy Carpenter & Co.’s “Rates Up on...
Apr 6 2009 // Most insurance professionals detest a soft market because of the increase in competition, unreasonably low pricing and increased market vulnerability. Some, however, may appreciate a softening precisely because of the...
Apr 6 2009 // Most insurance professionals detest a soft market because of the increase in competition, unreasonably low pricing and increased market vulnerability. Some, however, may appreciate a softening precisely because of the...