All the headlines from our Pricing Trends Topic Page, ordered by recency.
Jun 5 2006 // The past 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is quite good overall, Robert P. Hartwig, Insurance Information Institute senior vice president and chief economist said...
Jun 4 2006 // Cape Cod homeowners who kept their policies even after some major insurance companies pulled out of the region are now facing rate hikes of as much as 200 percent from insurers still serving the area.At least four...
Jun 2 2006 // California’s State Compensation Insurance Fund filed its sixth consecutive rate reduction, reflecting an average collectible premium decrease of 10 percent on new and renewal workers’ compensation policies with...
Jun 1 2006 // Arkansas Insurance Commissioner Julie Benafield Bowman announced new, lower-on-average, workers’ compensation rates, which will become effective July 1, 2006.“While the decrease is moderate, we are pleased to...
Jun 1 2006 // Standard & Poor’s Ratings Services has revised its outlook on Hanover Insurance Group Inc. and its operating company subsidiaries to positive from stable.At the same time, Standard & Poor’s affirmed...
May 30 2006 // Texas Insurance Commissioner Mike Geeslin on May 26 signed a Commissioner’s Order allowing the Texas Windstorm Insurance Association (TWIA) to increase rates for residential homeowners’ wind coverage by 3.1...
May 25 2006 // Insurance Commissioner George Dale has scheduled for June 5 a public hearing in Jackson, Miss. on a proposed rate increase by the Mississippi Windstorm Underwriting Association, which provides coverage for high-risk homes...
May 22 2006 // An order approving a Citizens Property Insurance Corp.’s request for a rate hike has been approved by Florida Insurance Commissioner Kevin McCarty, and will result in a combined average rate increases for...
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...