All the headlines from our Pricing Trends Topic Page, ordered by recency.
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...
Apr 20 2007 // Homeowners on Mississippi’s Gulf Coast face another insurance rate hike in Hurricane Katrina’s aftermath.Mississippi insurance regulators this week approved a statewide rate increase of 29 percent for Allstate...
Apr 20 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...
Apr 19 2007 // Workers’ compensation insurance is costing less for most Vermont employers since new rates became effective April 1.The Vermont Department of Banking, Insurance, Securities and Health Care Administration approved...
Apr 12 2007 // A new Mississippi insurance wind pool board on Tuesday approved a 142 percent increase for commercial premiums, a rate that’s significantly lower than it could have been because of $30 million from the federal...
Apr 9 2007 // Analyzing the economic rhymes and reasons of soft and hard market cycles in the insurance industry would make for a challenging university-level business course. Theories abound on why and when these cycles occur, but no...
Apr 9 2007 // The Workers’ Compensation Insurance Rating Bureau of California Governing Committee submitted a rate filing to the California Department of Insurance recommending a 11.3 percent decrease in advisory pure premium...
Apr 9 2007 // Analyzing the economic rhymes and reasons of soft and hard market cycles in the insurance industry would make for a challenging university-level business course. Theories abound on why and when these cycles occur, but no...
Mar 29 2007 // The Workers’ Compensation Insurance Rating Bureau of California Governing Committee has approved the filing of a 11.3 percent decrease in advisory pure premium rates, effective July 1, 2007 on new and renewal...