All the headlines from our Pricing Trends Topic Page, ordered by recency.
Feb 11 2009 // Florida Insurance Commissioner Kevin McCarty has approved a 6.4 percent increase in workers’ compensation insurance rates. The increase applies to new and renewal business and will become effective April 1.The...
Feb 6 2009 // The Automobile Club of Southern California announced it would be implementing a $101 million rate reduction for insurance policyholders in California, an average decrease of 5.4 percent.As the fifth largest auto insurer in...
Feb 5 2009 // The right coverage at the right price could cost more in New Jersey.Allstate New Jersey Insurance Co. is asking the state for permission to raise rates by 15.4 percent on average. The insurer says the higher premiums are...
Jan 28 2009 // According to the Aon’s newly launched “Market Pulse,” underwriters expect motor [auto] insurance premiums for UK companies to increase in the first quarter of 2009. Aon said its new quarterly index...
Jan 26 2009 // Florida Insurance Commissioner Kevin McCarty said that he would approve a rate filing to increase Florida’s workers’ compensation insurance rates by 6.4 percent to be effective April 1 for new and renewal...
Jan 25 2009 // Florida Insurance Commissioner Kevin McCarty has affirmed the ruling of an administrative law judge and officially disapproved a State Farm Insurance homeowners rate filing that has been in dispute since last July.McCarty...
Jan 25 2009 // A special task force is recommending that Florida’s state-backed property insurer, Citizens Property Insurance, be permitted to raise its rates beginning in 2010 and that restrictions on what homeowners it can insure...
Jan 25 2009 // The Independent Insurance Agents and Brokers of America (the Big “I”) recently released its annual “Best Practices Study,” a study of the leading agencies and brokers in the country The independent...
Jan 25 2009 // The events of the past six months — and those of the past several years — are some of the most dramatic in the history of financial services and risk management. From Sept. 11 to the 2005 hurricanes to the...
Jan 22 2009 // Nevada Insurance Commissioner Scott Kipper announced that the industry’s National Council on Compensation Insurance Inc. (NCCI) has submitted a filing for an average decrease of 4.9 percent for Nevada workers’...
Jan 21 2009 // The Liberty Mutual Fire Insurance Co. received approval for a 6.9 percent rate increase, Liberty Insurance Corp. received approval for a 7 percent rate increase and First Liberty Insurance Corp. received approval for a 7.6...
Jan 21 2009 // Insurance premiums for businesses continued a five-year trend of falling rates during the fourth quarter of 2008, but recent data suggest a reversal of this trend may soon be underway.Rates for property, general liability,...
Jan 11 2009 // Auto insurers may increase premiums on North Carolina drivers by up to 9.4 percent starting Jan. 1, but a court ruling will determine whether they can keep the extra money.The North Carolina Rate Bureau, which represents...
Jan 11 2009 // North Carolina Insurance Commissioner Jim Long has agreed to permit homeowners insurance companies to hike their rates an overall statewide average of 4.05 percent beginning May 1.This is below the statewide increase than...
Jan 11 2009 // The Workers’ Compensation Insurance Rating Bureau of California has completed its report summarizing insurer loss and premium experience through Sept. 30, 2008.WCIRB said: “California written premium (gross of...
Jan 11 2009 // Washington’s Department of Labor and Industries (L&I) said premiums for workers’ compensation insurance will go up, on average, 3 percent in 2009.Individual employers could see their rates go up or down,...
Jan 11 2009 // The California Department of Insurance has approved rate increases for several workers’ compensation insurers. California Insurance Commissioner Steve Poizner had recommended a 5 percent increase in his rate...
Jan 9 2009 // A special task force is recommending that Florida’s state-backed property insurer – Citizens Property Insurance — be permitted to raise its rates beginning in 2010 and that restrictions on what homeowners...
Jan 5 2009 // New Jersey’s workers’ compensation insurance premiums will drop by roughly 1 percent in 2009, saving the state’s employers an estimated $33 million.“There are a number of factors that affect workers...
Dec 31 2008 // Staring tomorrow, homeowners and commercial building owners in Pennsylvania can take advantage of substantially lower rates for mine subsidence insurance, making it more affordable to protect against catastrophic damage...