All the headlines from our Pricing Trends Topic Page, ordered by recency.
Jan 2 2006 // Liberty Mutual and Federated National insurance companies have asked Florida regulators for double-digit rate increases.Liberty Mutual Insurance Co. wants to raise rates by a statewide average of 25 percent, and Federated...
Dec 30 2005 // In documents filed with state regulators and in statements to public officials, medical malpractice insurance companies consistently inflated the amount they estimated they would pay out in claims, according to a study by...
Dec 19 2005 // A.M. Best Co. has announced its credit ratings on U.K. specialist and Lloyd’s insurer Hiscox plc. and its operating entities. It affirmed the financial strength rating (FSR) of “A-” (Excellent) and the...
Dec 19 2005 // Thousands of drivers in Mississippi will see their auto insurance rates increase dramatically after Jan. 1, when the minimum required coverage will double, increasing costs, even for those who have less than the minimum...
Dec 15 2005 // The Maine Bureau of Insurance has modified the request of the industry’s National Council on Compensation Insurance for an average 1.8 percent increase in workers’ compensation rates for policy year 2006 to 1.2...
Dec 15 2005 // The Citizens Property Insurance Corp. board of governors has decided to approve higher premium increases that average 45 percent on Florida’s coast and 21 percent inland.The state’s insurer of last resort had...
Dec 12 2005 // Recent increased in homeowners insurance rates in south Mississippi can not be attributed to Hurricane Katrina, according to Insurance Department officials, who indicate that Allstate, USAA and the Southern Farm Bureau all...
Dec 9 2005 // Citing an improved economy, the Texas Workforce Commission (TWC) said most Texas employers will see a decrease in their employer tax rate for calendar year 2006 compared to last year. Texas Unemployment Insurance (UI)...
Dec 5 2005 // Washington’s Department of Labor and Industries (L&I) has announced there will be no general increase in workers’ compensation premiums for 2006.In late August, the agency proposed a 3.8 percent increase....
Dec 5 2005 // Beginning Jan. 1, 2006, the standard premium for workers’ compensation in Colorado will de-crease an average of 1 percent, as a result of an order signed by Colorado Insurance Commissioner David Rivera. Although...
Dec 4 2005 // Home insurance rate increases as high as 31 percent for some properties, were approved Nov. 17 by the board of governors of Citizens Property Insurance Co., Florida’s insurer of last resort, and now have to go to the...
Nov 29 2005 // California’s State Compensation Insurance Fund has filed an average rate decrease of 16 percent on new and renewal workers’ compensation policies with an effective date on or after Jan. 1, 2006. This marks the...
Nov 28 2005 // Thousands of drivers in Mississippi can expect their auto insurance rates to increase dramatically after Jan. 1, when the minimum required coverage in the state will double, increasing costs for even those who have less...
Nov 21 2005 // The West Vir-ginia Mutual Insu-rance Company has been granted a 5 percent rate increase according to Insurance Commissioner Jane L. Cline.West Virginia Mutual filed for the rate decrease with the Offices of the Insurance...
Nov 21 2005 // California Insurance Commissioner John Garamendi has recommended a 15.3 percent decrease in the state’s workers’ compensation pure premium rates by winter.In announcing the move, the Commis-sioner also...
Nov 20 2005 // California Insurance Commissioner John Garamendi has recommended a 15.3 percent decrease in the state’s workers’ compensation pure premium rates by winter.In announcing the move, the Commis-sioner also...
Nov 18 2005 // Washington’s Department of Labor and Industries (L&I) has announced there will be no general increase in workers’ compensation premiums for 2006.In late August, the agency proposed a 3.8 percent increase....
Nov 17 2005 // A report from International Financial Services, London (IFSL) notes that gross premiums on the London Market fell 15 percent in 2004 to £21.7 billion ($37.3 billion)According to a new edition of IFSL’s Insurance...
Nov 16 2005 // Connecticut Insurance Commissioner Susan Cogswell will conduct a public hearing on Nov. 29 to reconsider her department’s disapproval of ProSelect’s Medical Malpractice, Physicians and Surgeons Professional...
Nov 15 2005 // Beginning Jan. 1, 2006, the standard premium for workers’ compensation in Colorado will decrease an average of 1 percent, as a result of an order signed by Colorado Insurance Commissioner David Rivera.Although...