All the headlines from our Pricing Trends Topic Page, ordered by recency.
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...
Sep 19 2007 // Oregon’s Department of Consumer and Business Services has announced it is decreasing the workers’ compensation pur premium rate in 2008 by 2.3 percent. Meanwhile, the workers’ comp premium assessment,...
Sep 19 2007 // A.M. Best has just released a study of the Canadian insurance market, which found that the country’s P/C insurers enjoyed “another solid year,” from profitable underwriting aided by investment income and...
Sep 14 2007 // Florida Insurance Commissioner Kevin McCarty denied eight rate filings submitted by insurance companies of The Hartford Financial Services Group.The filings submitted were not actuarially justified and lacked supporting...
Sep 14 2007 // In a step seen to indicate further stabilization of the Mississippi insurance market, Commissioner of Insurance George Dale announced that he has approved two rate filing reduction requests filed by Mississippi Farm Bureau...
Sep 12 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 10 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 6 2007 // Guy Carpenter & Company, LLC has published its annual, comprehensive study of the global property catastrophe reinsurance market – “The World Catastrophe Reinsurance Market: New Capital Stabilizes...
Sep 4 2007 // As Labor Day tourists take an end-of-summer beach trip, owners of thousands of condominiums that line the Alabama Gulf Coast say they’re getting burned by soaring insurance premiums.Insurance legislation aimed at...