All the headlines from our Pricing Trends Topic Page, ordered by recency.
Oct 22 2007 // California’s Workers’ Comensation Insurance Rating Bureau has recommended that pure premium rates be increased to 5.2 percent, instead of the 4.2 percent recommended earlier in September.In September, WCIRB...
Oct 22 2007 // Small businesses with state-subsidized health insurance through the Insure Montana program face double-digit race increases next year, officials said.Blue Cross Blue Shield of Montana, the company that sells and...
Oct 19 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,...
Oct 17 2007 // On Oct. 15, Travis County District Judge Margaret Cooper ruled in favor of Allstate Texas Lloyd’s in the company’s quest to preserve an already-implemented homeowners rate increase.Cooper granted the...
Oct 16 2007 // Florida officials have subpoenaed Allstate Insurance and its subsidiaries to get the insurer to explain why it is not lowering homeowners insurance rates in the state and to defend its dealings with the industry’s...
Oct 9 2007 // The Florida Office of Insurance Regulation disapproved a rate increase filing submitted by United Services Automobile Association, USAA Casualty Insurance Co. and USAA General Indemnity Co.As a result of the disapproval,...
Oct 9 2007 // A lawsuit against a major reinsurance broker for alleged antitrust activity in Connecticut is being used to raise broader questions about the largely unregulated reinsurance business.Connecticut Attorney General Richard...
Oct 8 2007 // The South Carolina Department of Insurance recently disapproved a request made by the National Council on Compensation Insurance to increase loss costs statewide by 23.7 percent.NCCI State Relations Executive, Amy Quinn,...
Oct 8 2007 // Program diversification helps to lighten the effects during increased competitionAs the property casualty market softens, insurance carriers will strive to figure out new ways to maintain recent levels of profitability....
Oct 8 2007 // The South Carolina Department of Insurance recently disapproved a request made by the National Council on Compensation Insurance to increase loss costs statewide by 23.7 percent.NCCI State Relations Executive, Amy Quinn,...
Oct 8 2007 // Oregon’s Department of Consumer and Business Services has announced it is decreasing the workers’ compensation pure premium rate in 2008 by 2.3 percent. Meanwhile, the workers’ comp premium assessment,...
Oct 8 2007 // The wise program manager takes yet another step forward and commits their organization to multiple niches.As the property casualty market softens, insurance carriers will strive to figure out new ways to maintain recent...
Oct 2 2007 // Columbus, Ohio-based Nationwide Insurance Company of America announced it is cutting homeowners insurance rates in California an average of 9.4 percent. The decrease takes effect today, Oct. 2, 2007. Nationwide is also...
Sep 28 2007 // After a flat year in 2005, U.S. surplus lines premium volume rebounded in 2006 and carriers again posted strong underwriting results.In 2006, surplus lines carriers generally stuck to their guns on pricing in lines where...
Sep 24 2007 // Washington’s Department of Labor and Industries has proposed raising workers’ compensation rates 3.2 percent in 2008, with the average premium increasing by just more than 2 cents per hour worked. L&I...
Sep 24 2007 // Premiums for employer-sponsored health insurance rose an average of 6.1 percent in 2007, less than the 7.7 percent increase reported last year but still higher than the increase in workers’ wages (3.7 percent) or the...
Sep 24 2007 // Employers must view coverage more as a comprehensive risk management tool than necessityThroughout much of the country, declining workers’ compensation rates are music to employers’ ears. After all, that seems...
Sep 24 2007 // Premiums for employer-sponsored health insurance rose an average of 6.1 percent in 2007, less than the 7.7 percent increase reported last year but still higher than the increase in workers’ wages (3.7 percent) or the...
Sep 24 2007 // Declining rates act as blinders for many employers. With lower prices it’s easy to shift focus away from injury management and cost containment to other more pressing business matters.Throughout much of the country,...
Sep 20 2007 // The South Carolina Department of Insurance disapproved a request made by the National Council on Compensation Insurance to increase loss costs statewide by 23.7 percent.NCCI State Relations Executive, Amy Quinn, said SCDOI...