All the headlines from our Pricing Trends Topic Page, ordered by recency.
Nov 18 2007 // The Workers Compensation Insurance Rating Bureau of California reported written premium for the first six months of 2007 at an estimated $6.9 billion, approximately 23 percent below the written premium reported for the...
Nov 18 2007 // Despite a rosier outlook in the agents’ errors and omissions (E&O) insurance market compared with years past, many insurance agents still faced rate increases in their E&O coverage in 2007 and anticipate...
Nov 16 2007 // The market for property and casualty insurance will stay soft in 2008, as premiums are expected to either decline or remain flat, according to actuarial and risk management experts at global consulting firm, Watson Wyatt...
Nov 16 2007 // Texas Windstorm Insurance Association policyholders’ rates will go up begining Feb. 1, 2008, as a result of rate increases approved by the Texas Department of Insurance yesterday.Texas Insurance Commissioner Mike...
Nov 7 2007 // Mercury General Corp., reported net income of $63.3 million in the third quarter of 2007, compared with $68.2 million for the same period in 2006. For the first nine months of 2007, net income was $193.2 million compared...
Nov 7 2007 // County officials statewide hope a series of public hearings that began Monday will highlight the threat a string of double-digit health care premium increases pose to their budgets.The 41 counties that cover their workers...
Nov 6 2007 // The Workers Compensation Insurance Rating Bureau of California has completed its report summarizing insurer loss and premium experience through June 30, 2007.According to the report, California written premium reported for...
Nov 5 2007 // Many of the 325,000 North Dakotans insured under Blue Cross Blue Shield will see a rate increase of just under 10 percent next year. Insurance Commissioner Adam Hamm said he approved the 9.9 percent increase after Blue...
Nov 4 2007 // The rate of nonfatal occupational injury and illnesses in Wyoming is on the decline, according to a Survey of Occupational Injuries and Illnesses conducted by the Wyoming Department of Employment, Research and Planning,...
Nov 4 2007 // California’s Workers’ Compensation Insurance Rating Bureau has recommended that pure premium rates in the state be increased to 5.2 percent, instead of the 4.2 percent recommended earlier in September.In...
Nov 4 2007 // California Insurance Commissioner Steve Poizner along with officials from California State Automobile Association Inter-Insurance Bureau (CSAA-IIB, or AAA of Northern California) in Sacramento and San Francisco announced...
Nov 4 2007 // The market for management liability coverages is soft. Premiums are down, which means revenues are down. Yet there still are tremendous opportunities for proactive agents and brokers to sell the coverages, according to...
Nov 4 2007 // The countrywide prospective return on equity for the homeowners line of insurance for 2007 is 7.0 percent, up from 5.4 percent in 2006, according to an analysis by Aon Re Global, a unit of Aon Corp. The year-over-year...
Oct 31 2007 // Florida insurance regulators approved the National Council on Compensation Insurance’s amended rate filing for workers’ compensation insurance rates. On Oct. 22, Insurance Commissioner Kevin McCarty ordered...
Oct 30 2007 // Kansas could become the ninth state to allow a modernized rating system for personal lines of insurance. A state task force studying rate modernization has issued a recommendation proposed by the National Association of...
Oct 27 2007 // Two administrative law judges in Texas on Oct. 5 rejected State Farm’s plan to increase homeowner insurance rates, calling the hike too excessive.State Farm Lloyds Inc. had appealed to the State Office of...
Oct 27 2007 // According to Gail Sheehy, growth demands a temporary surrender of security. Although it is unlikely she was speaking of property and casualty insurance industry marketshare when she made this comment, it seems to me that...
Oct 24 2007 // Florida Insurance Commissioner Kevin McCarty disapproved the National Council on Compensation Insurance’s latest rate filing for workers’ compensation insurance rates, due to become effective next year.McCarty...
Oct 24 2007 // The countrywide prospective return on equity for the homeowners line of insurance for 2007 is 7.0 percent, up from 5.4 percent in 2006, according to an analysis by Aon Re Global, a unit of Aon Corp. The year-over-year...
Oct 24 2007 // The board that oversees a subsidized health-insurance plan for nearly 800 small businesses in Montana indicated it will try to hold down premium increases by cutting plan benefits.Jim Edwards, a member of the Insure...