All the headlines from our Pricing Trends Topic Page, ordered by recency.
May 22 2006 // Florida residents whose homes are insured by Citizens Property Insurance will see their premiums go up by about 16 percent on average this year, although for some coastal residents the increase will be much higher.State...
May 22 2006 // We waited many years for a hard insurance market to get here, and it appears that to a large extent it is already over. While rates and premiums still appear to be at adequate levels, most lines of business appear to have...
May 22 2006 // Tort reforms are the best proven instrument for reducing medical liability insurance premium growth, according to a new study conducted by Stanford University Professor Daniel P. Kessler, JD, PhD, who also serves as a...
May 22 2006 // We waited many years for a hard insurance market to get here, and it appears that to a large extent it is already over. While rates and premiums still appear to be at adequate levels, most lines of business appear to have...
May 22 2006 // Although property and general liability insurance rates increased in the first quarter of 2006, all indications point to a continuing soft commercial insurance market, according to the Risk and Insurance Management Society...
May 18 2006 // For the eighth consecutive year, Minnesota Life Group Insurance premium and policy fee income increased by double digits, according to a written statement issued by the St. Paul-based company.The growth rate in 2005 was 14...
May 18 2006 // The Louisiana Insurance Rating Commission has approved rate increases of less than 19 percent for three homeowner insurance companies.The largest of the increases, an 18.7 percent increase for 13,461 policyholders, went to...
May 18 2006 // The last 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is quite good overall, according to Robert P. Hartwig, Insurance Information Institute senior vice president and chief...
May 15 2006 // State Farm Insurance Co. is seeking to boost premiums by an average of about 70 percent in Florida, the company said Friday. If approved by state regulators, the increase would be effective Aug. 15.The Bloomington,...
May 12 2006 // North Pointe Holdings Corporation, Southfield, Mich., reported financial results for the first quarter ended March 31, 2006. According to the company, gross premiums written amounted to $45.6 million in the first quarter...
May 12 2006 // The number of vehicles stolen in South Carolina has risen for the seventh year in a row. According to the National Insurance Crime Bureau’s (NICB) annual report on auto theft rates, Hot Spots, there were nearly...
May 9 2006 // Although property & general liability insurance rates increased in the first quarter of 2006, all indications point to a continuing soft commercial insurance market according to the Risk and Insurance Management...
May 8 2006 // A group of local elected officials, chambers of commerce, tax groups and insurance companies announced that Californians to Stop Unfair Rate Increases (CSURI) will begin distributing educational information to Californians...
May 3 2006 // The Florida Office of Insurance Regulation has scheduled rate hearings in May for three carriers, Hartford Insurance Co. of the Midwest, Florida Peninsula Insurance Company, and United Property and Casualty.Hartford...
May 3 2006 // James River Group, Inc. in Chapel Hill, N.C., announced financial results for the quarter ended March 31, including net income of $6.8 million compared to $4.6 million for the first quarter of 2005; an overall combined...
Apr 26 2006 // Administrators of the Mississippi state wind pool, the insurer of last resort for a growing number of Hurricane Katrina victims, will be requesting a 400 percent increase in its rates, an attorney for the Mississippi...
Apr 20 2006 // Louisiana’s second-largest insurer has received permission to boost homeowners’ rates an average of 20.6 percent for nearly half its customers, while the remainder will see rates rise an average of 9...
Apr 17 2006 // The sole workers’ compensation insurer in West Virginia says it will seek a rate increase as a result of Gov. Joe Manchin’s reversal of a state policy that limited benefits to widows and widowers of people who...
Apr 17 2006 // Citizens Property In-surance Corp. plans to seek a rate increase for commercial residential associations, primarily condos, to keep up with increasing premiums in the private market.Citizens writes wind coverage for...
Apr 17 2006 // With the exception of a few notorious hotspots, rates for stand-alone terrorism insurance have dropped by 40 to 50 percent since 2002, according to Aon’s Crisis Management division. The reductions have been driven by...