All the headlines from our Pricing Trends Topic Page, ordered by recency.
Sep 16 2005 // The following statement is in response to the Workers’ Compensation Insurance Rating Bureau Governing Board’s decision to recommend that Insurance Commissioner John Garamendi (D) decrease workers’...
Sep 16 2005 // A vote on whether to request a 37 percent statewide increase on homes insured by Citizens Property Insurance Corp. was tabled Friday in Orlando by state’s insurer of last resort’s board of governors, which will...
Sep 14 2005 // Connecticut Medical Insurance Co., one of the state’s largest writers of medical malpractice insurance, has decided to hold its rates steady for 2006 after raising them each of the last five years.The doctor-owned...
Sep 13 2005 // With motorcycle theft rates climbing more than 55 percent according to the National Insurance Crime Bureau, and bike sales soaring at unprecedented rates, a survey of motorcycle owners revealed that a full 49 percent are...
Sep 9 2005 // On July 28, 2005, the WCIRB submitted a filing to the California Department of Insurance (CDI) recommending, among other things, a 5.2 percent reduction in pure premium rates effective Jan. 1, 2006. Earlier today, the...
Sep 8 2005 // Insurex, a San Diego-based insurance brokerage, announces an additional 15.0 percent rate reduction on California workers’ compensation insurance effective Oct. 1, 2005 for affiliate agencies. The rate reductions are...
Aug 30 2005 // Average premiums for health care plans rose 7.2 percent in southeastern Wisconsin compared with a 9.6 percent increase nationally, according to a survey released by United Benefit Advisors, an employee benefits advisory...
Aug 26 2005 // The California Earthquake Authority has voted to reduce earthquake insurance premiums by 22 percent, in hopes that it will encourage more homeowners to purchase or renew earthquake coverage. The proposal will now go before...
Aug 25 2005 // Swiss Re announced group net income of CHF 1.353 billion ($1.074 billion) for the first half of 2005, a 6 percent decline, compared to the CHF 1.441 billion ($1.144 billion) it earned in the same period of 2004.The...
Aug 25 2005 // California Gov. Arnold Schwarzenneger and other state officials who are part of the California Earthquake Authority are considering whether to reduce quake insurance rates in the state by 22 percent. The proposal before...
Aug 23 2005 // Insurance agents in Miami and Dade County were dismayed to discover this morning that, “due to manpower shortages” the Miami Police Department has disbanded its Auto Theft Unit. A PD spokesman told the Miami...
Aug 23 2005 // The Farmers Insurance Group of Companies has announced a 15 percent rate reduction in workers’ compensation rates for its Texas business customers. This latest reduction comes on the heels of an earlier 20 percent...
Aug 22 2005 // MarketScout began tracking property and casualty pricing trends in 2001 in an effort to share the pricing results of insurance placements related to their 50,000 member agent network. The monthly market trends are...
Aug 22 2005 // California Insurance Commissioner John Garamendi announced that workers’ compensation insurers in the state filed rate reductions averaging -14.6 percent for policies incepting on or after July 1, 2005 bringing the...
Aug 17 2005 // An 8.6 percent statewide increase and 37.9 to 39.7 percent increases in the coastal section of Miami-Dade County and inland sections of Broward County, Fla. have been requested by State Farm Insurance. The request cited...
Aug 16 2005 // The National Association of Mutual Insurance Companies has told a Hawaii legislative committee that passage of rate modernization laws would benefit state commerce and insurance consumers.In written comments filed last...
Aug 8 2005 // The softening market has provided some welcome price relief for golf and country clubs, which had weathered significantly higher premiums in the last few years. To agents and brokers writing golf and club business, this is...
Aug 8 2005 // Florida homeowners can expect to receive a 6.8 percent increase in their insurance rates to pay for Citizens Property Insurance Corporation’s deficit, according to Bob Hartwig, chief economist at the Insurance...
Aug 1 2005 // New Hampshire Insurance Co. has asked state insurance regulators for permission to increase rates for its homeowner and condominium policies. Should state regulators give approval, the company’s premiums for...
Jul 29 2005 // On July 28, the WCIRB submitted a Regulatory Filing to the California Department of Insurance recommending an average 5.2 percent decrease in advisory pure premium rates to be effective on policies incepting on or after...