All the headlines from our Pricing Trends Topic Page, ordered by recency.
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...
Apr 10 2006 // According to a recent survey, Nationwide Mutual Insurance Co. predicts that 35 percent of motorcyclists will ride their bikes more over the next year as a result of fuel prices.A written release issued by the Columbus,...
Apr 6 2006 // With the exception of a few notorious hotspots, overall rates for stand-alone terrorism insurance have dropped by 40-50 percent since 2002, according to an update on the market by Aon’s Crisis Management Division....
Apr 3 2006 // Directors and officers liability insurance average premium continued to decline in 2005, dropping by 9 percent last year after a 10 percent decline in 2004, according to the “D&O Liability 2005 Survey on Claims...
Mar 28 2006 // According to Aon’s first “Global Market Property Tracker” the “slide in international property insurance rates” appears to be continuing despite “a number of terrorism incidents around...
Mar 24 2006 // The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) Governing Committee has approved the filing of a 16.4 percent decrease in advisory pure premium rates to be effective July 1, 2006, on new and...
Mar 23 2006 // California-based medical malpractice insurance provider, The Doctors Company, reported that premiums for new and renewing policyholders in Texas will drop by an average of 18 percent beginning April 1, 2006, for new...
Mar 20 2006 // Insurance Journal South Central–Arkansas, Louisiana, Oklahoma and Texas–vary widely in the amount of premium written in any given year. Texas has the biggest surplus lines market, followed by Louisiana,...
Mar 17 2006 // Roughly 70,000 homeowners in areas hard hit by Hurricane Rita will face insurance hikes of 49 percent that were approved by Louisiana state regulators.The increase affects Louisiana Farm Bureau policyholders. The increase...
Mar 13 2006 // The Florida Office of Insurance Regulation will conduct public hearings in Davie concerning rate filings by Liberty Mutual Fire Insurance Company and Tower Hill Select Insurance Company. Liberty Mutual is proposing a...
Mar 6 2006 // France’s SCOR Group noted a 25 percent rise in worldwide premium income follwing the January renewal season. Non- life and credit & surety treaties totaled €1.041 billion ($1.256 billion). The reinsurer said...
Mar 6 2006 // The insurance industry came out strongly against a Colorado measure that would require it to disclose claims, payouts and rates, telling lawmakers a plan to increase regulation of their industry would drive up costs and...
Mar 6 2006 // With the January renewal season now behind them, the world’s global reinsurers are collectively breathing a small sigh of relief. While premium increases in the U.S. met or exceeded expectations, especially along the...