All the headlines from our Pricing Trends Topic Page, ordered by recency.
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...
Nov 10 2008 // Michigan’s average auto insurance premiums decreased in 2006, compared to 2005, a recent study released by the National Association of Insurance Commissioners (NAIC) shows. For the two-year period 2004-6, Michigan...
Nov 7 2008 // South Carolina auto insurance rates increased slightly in 2006, but remained on average lower than most national rates.A study by the National Association of Insurance Commissioners showed that South Carolina drivers paid...
Nov 5 2008 // A near majority of agents and brokers responding to the 2008 Insurance Journal Agency E&O Survey said they experienced increases in their agency’s errors and omissions premium this year. Some 44.1 percent of...
Nov 4 2008 // The California Division of Workers’ Compensation announced that the maximum temporary total disability (TTD) rate will increase to $958.01 on Jan. 1, 2009. The increase to the maximum TTD rate marks the third year in...
Nov 2 2008 // In New York, there exists a curious relationship between gas prices and insurance premiums, at least in government officials’ minds.Gov. David Paterson said his state’s efforts to rein in insurance rates by...
Nov 2 2008 // Rejecting the Workers Compensation Insurance Rating Bureau’s (WCIRB) call for a 16 percent increase in the benchmark for determining workers’ compensation costs, California Insurance Commissioner Steve Poizner...
Nov 2 2008 // Risk managers report that commercial policy renewal prices are continuing to drop even as insurers are battling a decline in statutory surplus.According to RIMS Benchmark Survey, an industry survey of policy renewal prices...
Oct 30 2008 // Florida Insurance Commissioner Kevin McCarty approved the National Council on Compensation Insurance’s amended rate filing for workers’ compensation insurance rates that will become effective Jan. 1.The rate...
Oct 28 2008 // The world’s reinsurers expect the intensifying financial market storm will allow them to push through higher prices for the risk cover they offer insurance companies.The world’s No. 2 and No. 4 reinsurers,...
Oct 27 2008 // Commercial property/casualty premiums continued a downward slide during the third quarter of 2008, but there were suggestions the market decline may have leveled off, at least between July and September, for small and...
Oct 24 2008 // Rejecting the Workers Compensation Insurance Rating Bureau’s (WCIRB) call for a 16 percent increase in the benchmark for determining workers’ compensation costs, California Insurance Commissioner Steve Poizner...