All the headlines from our Pricing Trends Topic Page, ordered by recency.
Jun 4 2007 // The North Carolina Insurance Department said it won’t further investigate the state’s largest medical malpractice insurer, saying it disagrees with a trial lawyers’ association report accusing the company...
Jun 4 2007 // Louisiana regulators in late May approved property insurance rate hikes of 16 percent to 51 percent for three small companies, with larger increases for homeowners along the coast.The Louisiana Insurance Rating Commission...
May 30 2007 // California’s State Compensation Insurance Fund announced it filed for an 11 percent average decrease in collectible premium for its July 1, 2007, workers’ compensation insurance rates. The new rates will affect...
May 29 2007 // Louisiana regulators have approved property insurance rate hikes of 16 percent to 51 percent for three small companies, with larger increases for homeowners along the coast.The Louisiana Insurance Rating Commission on May...
May 25 2007 // Louisiana Commissioner of Insurance Jim Donelon announced that rates for workers’ compensation insurance are decreasing, thanks to a large drop in loss costs for insurers. Most workers’ comp carriers in...
May 21 2007 // The board for Montana’s state workers’ compensation system has authorized a 1 percent decrease in the overall rates paid by policyholders.The State Fund board authorized the decrease, for the coming year. The...
May 21 2007 // The board for Montana’s state workers’ compensation system has authorized a 1 percent decrease in the overall rates paid by policyholders.The State Fund board authorized the decrease, for the coming year. The...
May 21 2007 // Whether the market is “soft” or “softening” doesn’t make a difference. There’s still a place for the excess and surplus lines broker in the mix, says Neal Abernathy, CEO of Swett and...
May 16 2007 // Workers’ compensation insurers and the state regulator have agreed upon a 16.9 percent average decrease in workers’ compensation rates in Massachusetts starting Sept. 1, 2007.The industry’s Workers’...
May 14 2007 // Data released from the Texas Department of Insurance (TDI) shows the state’s average automobile and homeowners rates continue to fall, the Insurance Council of Texas reported. The ICT says rates have been steadily...
May 8 2007 // Safety Insurance Group, Inc., a Massachusetts-based personal lines insurer, reported first quarter 2007 net income was $24.6 million, or $1.53 per diluted share, compared to $30.8 million, or $1.94 per diluted share, for...
May 7 2007 // State Farm will reduce auto insurance rates an average of 6 percent in Illinois effective May 14, the company said in a statement this week.Premiums will dip by an average $40 a year statewide, though amounts will vary...
May 7 2007 // Mississippi insurance regulators have approved a statewide rate increase of 29 percent for Allstate homeowner policyholders, the Northbrook, Ill.-based insurer reported.The company, in a written statement, attributed the...
Apr 26 2007 // Massachusetts Insurance Commissioner Nonnie Burnes has scheduled a public hearing for April 27, to consider a rate increase for the Massachusetts Property Insurance Underwriting Association, also known as the FAIR Plan.The...
Apr 25 2007 // Insurance broker and rsk management firm Hilb Rogal & Hobbs Co. reported 2007 first quarter total revenues were $198.2 million, compared with $183.8 million in the 2006 first quarter. Commissions and fees were $192.2...
Apr 23 2007 // Henry Miller, the author of “The Absolute Collective,” once said that “all growth is a leap in the dark, a spontaneous unpremeditated act without the benefit of experience.” Although he spoke of...
Apr 23 2007 // The U.S. population residing in hurricane-prone states continues to rise, a trend which is likely to impact adversely the nation’s coastal property insurance market for years to come, according to testimony by Dr....
Apr 23 2007 // Henry Miller, the author of “The Absolute Collective,” once said that “all growth is a leap in the dark, a spontaneous unpremeditated act without the benefit of experience.” Although he spoke of...
Apr 23 2007 // 12-months ending Dec. 31, 2006 versus Dec. 31, 2005 (000 Omitted)DPW $ Change DWP DWP DWP $ DWP %Rank Company Name 12/31/2006 12/31/2005 Change Change1 Lexington Insurance Co. 6,273,352 5,020,961 1,252,391 24.94%2 American...
Apr 20 2007 // A recent changes in Ohio’s Graduated Driver License law, will allow a rate reduction for 16-year-old drivers. The reduction will be made available to new policyholders beginning June 1, 2007, according to...