All the headlines from our Pricing Trends Topic Page, ordered by recency.
Oct 26 2006 // The latest insurance industry data show continuing evidence that the skyrocketing insurance rates of 2000 to 2003 have led to record industry profits but commercial insurance rates have stabilized or dropped in almost...
Oct 26 2006 // MiniCo Insurance has received approval for rate reductions in seven states for self-storage risks eligible for the MiniCo self-storage specialty insurance program. The seven states are Idaho, Indiana, Iowa, Kansas,...
Oct 25 2006 // Mike Schofield, president of Phoenix, Ariz.-based MiniCo Insurance, recently announced that the company has received approval for rate reductions in seven states for self-storage risks eligible for the MiniCo self-storage...
Oct 23 2006 // Many single-family homes today look more and more like grand estates than the simple boxy houses with attached garages that were abundant not so long ago. Homes are much larger and more customized compared to 20 or 30...
Oct 19 2006 // The commercial property/casualty market continued to soften during the third quarter, with indications that some insurers are finding an appetite for business in which they previously were not interested, according to the...
Oct 13 2006 // Workers compensation loss costs may increase by 18.4 percent for businesses in South Carolina effective Dec. 1, 2006.Robert Herlong, vice president and regional manager for Property Casualty Insurers of America, said South...
Oct 6 2006 // “Today it’s a tough time to be a director and officer, and that means it’s a tough time to be a D&O underwriter,” according to Doug Poetzsch, senior vice president, head of specialty claims for...
Oct 3 2006 // Citizens Property Insurance Corporation has filed a proposal that could reduce rates up to 43 percent for policyholders in the most sinkhole prone counties who opt out of buying coverage for sinkhole related claims next...
Oct 2 2006 // Florida Insurance Commissioner Kevin McCarty and Citizens Property Insurance Corp. have agreed on property insurance rate changes – including an average 35 percent decrease for homes and a 15.2 percent increase for...
Sep 28 2006 // The two parties representing consumers have recommended that Massachusetts auto insurance rates be slashed next year — as much as 18 percent.The State Rating Bureau, a unit of the Division of Insurance, is calling...
Sep 25 2006 // Hawaii, Washington and Wyoming proposed lowering workers’ compensation rates in their states from 2 percent to 12.3 percent.The Hawaii Department of Commerce and Consumer Affairs’ Insurance Division announced...
Sep 25 2006 // Despite the softening property/casualty market, commercial insureds who find liability insurance unavailable or unaffordable, as well as those who desire stability and control of their liability programs, continue to...
Sep 25 2006 // Reilly goes to court to block 12.4% rate hike10 Carbon neutral agent in Virginia Rutherfoord of Roanoke goes green10 Command performance in N.Y.Insurance mobile unit named best practice12 Conn. caught up in coastal...
Sep 25 2006 // Massachusetts Attorney General Tom Reilly has decided to appeal Insurance Commissioner Julianne Bowler’s order allowing the state’s insurer of last resort — the FAIR Plan — to raise home insurance...
Sep 25 2006 // Despite the softening property/casualty market, commercial insureds who find liability insurance unavailable or unaffordable, as well as those who desire stability and control of their liability programs, continue to...
Sep 19 2006 // Direct premium volume for the surplus lines insurance market remained relatively flat in 2005 as it did in 2004, after growing significantly during the three prior calendar years.The significant growth had been a...
Sep 18 2006 // Overall crime rates continued to decline in New York during 2005 as vehicle thefts dropped almost 13 percent and robberies edged up from 2004, according to a Federal Bureau of Investigation report.The rate of violent crime...
Sep 15 2006 // California’s Workers’ Compensation Insurance Rating Board has proposed a 6.3 percent reduction in the pure premium rate.On August 16, 2006, the WCIRB submitted its Jan. 1, 2007 pure premium rate filing to the...
Sep 15 2006 // Two insurers have filed for rate decreases in California. According to the California Department of Insurance, 21st Century, the state’s fifth largest auto insurer, with more than 740,000 policy holders, is seeking a...
Sep 12 2006 // The Hawaii Department of Commerce and Consumer Affairs’ Insurance Division announced that the National Council on Compensation Insurance (NCCI) has filed a request for a decrease of 12.3 percent in the workers’...