All the headlines from our Pricing Trends Topic Page, ordered by recency.
Dec 5 2008 // North Carolina homeowners insurers are seeking an average 19.5 percent statewide rate hike which, if approved, would be the first rate hike since 2006.The proposal, being finalized this week by the North Carolina Rate...
Dec 4 2008 // 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,...
Dec 4 2008 // The financial and housing crises, along with a prolonged soft market, are converging to create a highly challenging environment for the U.S. insurance industry in 2009, says an industry think tank.These factors will force...
Nov 30 2008 // The Independent Insurance Agents and Brokers of America (the Big “I”) recently released its annual Best Practices Study. The independent study includes the “Rule of 20” statistic which provides a...
Nov 30 2008 // A Florida Supreme Court ruling has resulted in a request to raise workers compensation rates by 8.9 percent.The National Council on Compensation Insurance filed the request, citing last month’s ruling in which...
Nov 30 2008 // Commercial and residential rates for policies written through the Texas Windstorm Insurance Association (TWIA) will rise in February when rate increases approved by the Texas Department of Insurance (TDI) go into...
Nov 30 2008 // Disaster insurance bonds are one of the few assets to make any money this year but new supply is on hold pending expected price rises in the underlying reinsurance market.Market players say demand remains buoyant for the...
Nov 26 2008 // Standard & Poor’s Ratings Services said in a report published today that reinsurers have had sufficient excess capital available to absorb the shocks of the past year, but much of that cushion has now been...
Nov 24 2008 // California Insurance Commissioner Steve Poizner has approved homeowners insurance rate increases for State Farm and Farmers, increasing premiums by a combined $115 million.State Farm customers will soon face an average 6.9...
Nov 24 2008 // Disaster insurance bonds are one of the few assets to make any money this year but new supply is on hold pending expected price rises in the underlying reinsurance market.Market players say demand remains buoyant for the...
Nov 19 2008 // Beacon Marketing – “Helping to guide your prospecting needs to new destinations”Orange, CA – November 19, 2008: With the current economic conditions, a lot of agencies have had to reduce and/or cut...
Nov 17 2008 // A Florida Supreme Court ruling has resulted in a request to raise workers compensation rates by 8.9 percent.The National Council on Compensation Insurance filed it Friday, citing last month’s ruling. The justices...
Nov 16 2008 // Soft market conditions could last for another nine months to five years, predict representatives from the agent, broker, carrier, reinsurance, and excess and surplus lines sectors of the insurance industry.“I...
Nov 16 2008 // The Independent Insurance Agents and Brokers of America (the Big “I”) last month released its annual Best Practices Study. The independent study includes the “Rule of 20” statistic which provides a...
Nov 16 2008 // The Independent Insurance Agents and Brokers of America (the Big “I”) in October released its annual Best Practices Study. The independent study includes the “Rule of 20” statistic which provides a...
Nov 16 2008 // Soft market conditions could last for another nine months to five years, predict representatives from the agent, broker, carrier, reinsurance, and excess and surplus lines sectors of the insurance industry.“I...
Nov 14 2008 // Kansas appears to be seeing the effects of tornadoes in June in its insurance rates and not even Dorothy’s red shoes can click this bad news away.The Kansas Insurance Department says that since July 1, premiums for...
Nov 13 2008 // California’s State Compensation Insurance Fund announced it filed a Jan. 1, 2009 revision to its rating plan, which it anticipates will result in an average 8.9 percent increase in collectible premium. Premiums for...
Nov 11 2008 // A shortfall in the state’s insurance premium tax receipts has prompted the Nebraska Board of Education to submit a budget deficit request to the legislature that calls for an additional $1.53 million for...
Nov 11 2008 // A national consumer group says state insurance departments vary in the quality of the information they provide consumers online, with only six states doing an excellent job.State insurance department websites in 6 states...