All the headlines from our Pricing Trends Topic Page, ordered by recency.
Sep 12 2006 // U.K.-based specialty and Lloyd’s insurer Hiscox plc posted a mixed first half performance. According to its recently published statement gross premiums written rose 43 percent to £625.1 million ($1.167 billion)...
Sep 10 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 premiums...
Sep 8 2006 // On the eve of the Reinsurance Rendezvous in Monte Carlo, Guy Carpenter & Company, the risk and reinsurance specialist of the Marsh & McLennan Companies has published its annual, comprehensive study of the global...
Sep 6 2006 // California’s largest homeowners insurance company has requested at 10.6 percent reduction in homeowners’ insurance rates for its 1.2 million policyholders in California, according to the Department of...
Sep 4 2006 // State Farm Insurance, California’s largest auto insurer, has applied for an 8 percent average reduction for its policyholders while simultaneously implementing new auto rate regulations, according to the Department...
Aug 29 2006 // Workers compensation insurers have filed to reduce rates in Florida an average 13.3 percent statewide next year.Florida Insurance Commissioner Kevin McCarty said the cut, if approved, would produce a savings of over $400...
Aug 23 2006 // The Florida Office of Insurance Regulation has scheduled public hearings on rate filings submitted by First Home Insurance Company, Metropolitan Casualty Insurance Company, Southern Fidelity Insurance Company, and First...
Aug 18 2006 // State Farm Insurance, California’s largest auto insurer, has applied for an 8 percent average reduction for its policyholders while simultaneously implementing new auto rate regulations, according to the Department...
Aug 18 2006 // Florida Insurance Commissioner Kevin McCarty rejected a request by Citizens Property Insurance Corporation (Citizens) to increase rates in Monroe County and ordered it to reduce homeowners insurance rates for the area.By...
Aug 14 2006 // USAA Casualty, which primarily insures military personnel and their families, has asked the state to increase its homeowner and condominium premiums by an average of 40 percent.The company made the request last Friday to...
Aug 14 2006 //
Aug 10 2006 // California Insurance Commissioner John Garamendi announced that he intends to approve an average 8 percent decrease in premium rates for policyholders of United Services Automobile Association (USAA), a move that the...
Aug 9 2006 // State Farm announced Tuesday in Charleston, W.Va. it is lowering homeowners insurance rates in West Virginia by an average of 5 percent starting in December.It marked the first time since 1989 that State Farm has won...
Aug 8 2006 // ProAssurance Corporation in Birmingham, Ala. reported net income for the second quarter of 2006 of $30.0 million, or $0.90 per diluted share. For the six months ended June 30, 2006 net income was $167.3 million, or $4.95...
Aug 8 2006 // NYMAGIC, Inc. reported net earnings for the three months ending June 30, 2006 were $6.1 million, or $.67 per diluted share, compared with $5.0 million, or $.56 per diluted share, for the second quarter of 2005. Net...
Aug 7 2006 // Texas insurance officials on July 21 rejected proposed homeowner rate increases by State Farm, the state’s largest home insurer.State Farm had filed for a pair of statewide rate increases on May 31: a 9.1 percent...
Aug 7 2006 // Mississippi Insurance Commissioner George Dale has approved a 90 percent rate increase for homeowner policies provided by the Mississippi Windstorm Underwriting Association.The association, commonly known as the wind pool,...
Aug 7 2006 // Texas insurance officials on July 21 rejected proposed homeowner rate increases by State Farm, the state’s largest home insurer.State Farm had filed for a pair of statewide rate increases on May 31: a 9.1 percent...
Aug 4 2006 // California Insurance Commissioner John Garamendi has issued a statement announcing his intention to review and consider approval of an average 22 percent decrease in homeowners insurance rates for policyholders of United...
Aug 2 2006 // Renaissance Re, Bermuda’s leading property catastrophe reinsurer, posted net income of $130.4 million, or $1.81 per common share, for the second quarter of 2006, compared to net income of $172 million or $2.39 per...