All the headlines from our Pricing Trends Topic Page, ordered by recency.
May 23 2005 // Hawaii faces doctor shortages in at least two fields, obstetrics and orthopedics, because fears of lawsuits and the rising cost of medical malpractice insurance premiums are forcing some to quit.Premiums for physicians who...
May 20 2005 // Arkansas has a healthy market for auto and homeowners policies, but not for health insurance, the state’s new insurance commissioner Julie Benafield Bowman said.According to the Associated Press, Bowman said she...
May 20 2005 // The Doctors Company, which provides medical malpractice insurance to Wyoming physicians, has received approval from the state for a 7.3 percent base rate increase for medical malpractice insurance premiums.To be approved,...
May 19 2005 // New permanent disability regulations will reduce the cost of workers’ compensation insurance pure premium rates by anywhere from three to 12 percent, said California Insurance Commissioner John Garamendi in a...
May 19 2005 // Massachusetts Insurance Commissioner Julianne Bowler has approved a 3.0 percent overall average rate reduction in workers’ compensation rates, a savings of $32.6 million in premiums paid by employers. The new rates...
May 18 2005 // Dublin-based Research and Markets has added a report on UK Commercial Property Insurance 2005 to their offering, which provides “an in-depth analysis of the commercial property market in the UK, analyzing the key...
May 13 2005 // The Joint Labor Committee of the Maine state legislature has voted to carry over a proposal (LD 1021) opposed by the American Insurance Association that would increase the premium tax by 25 percent. This measure would...
May 12 2005 // Despite a bill signed into law last month in South Carolina capping pain and suffering awards in medical malpractice lawsuits, two of the state’s largest malpractice insurers have announced plans to increase...
May 9 2005 // The success or failure of any organization can be traced to customer retention. Agents and carriers who retain the most customers have greater long-term success than those who consistently lose clients.While many elements...
May 9 2005 // Liberty Mutual, a Boston-based insurer with more than a quarter-million New York auto policyholders, has agreed to reduce premiums by an average of three percent. Liberty Mutual’s New York customers, who are insured...
May 5 2005 // The American Insurance Association (AIA) is urging Maine lawmakers to reject a proposal (LD 1021) that would increase the premium tax by 25 percent.“This tax increase would damage the state’s economy by making...
May 2 2005 // Insurers in West Virginia, reacting to the legislation singed last week that eliminates third-party, bad-faith lawsuits, have begun to take the first steps toward lowering insurance rates.State Farm Insurance Friday...
Apr 29 2005 // Jardine Lloyd Thompson Group PLC, the largest U.K.-based broker, issued a statement in conjunction with is annual general meeting (AGM) warning that the weak US dollar, the absence of PSA’s and a continued softening...
Apr 26 2005 // The Farmers Insurance Group of Companies announced a 10 percent rate reduction in workers’ compensation rates for its California business customers. Since 2004, Farmers has slashed its workers’ compensation...
Apr 19 2005 // Bermuda’s Everest Re Group reported good first quarter results. The company’s after-tax operating income (which excludes realized capital gains and losses) was $165.2 million, or $2.90 per diluted share, a 9...
Apr 18 2005 // The largest writer of medical malpractice insurance in Massachusetts said it will not have to raise rates this year, after several years of double-digit hikes. ProMutual Group credited “improved financial...
Apr 18 2005 // While Massachusetts insurance officials are weighing a request by the industry to inch up workers’ compensation rates by 1 percent, a new study suggests that claim costs are accelerating by leaps and bounds, largely...
Apr 18 2005 // The success or failure of any organization can be traced to customer retention. Agents and carriers who retain the most customers have greater long-term success and profitability than those who consistently lose...
Apr 18 2005 // California Insurance Commissioner John Garamendi has approved a 4.2 percent reduction in personal auto policy rates for “loyal” State Farm customers, a savings of more than $110 million for those policyholders....
Apr 10 2005 // The Medical Protective Company, a member of the GE Insurance Solutions group of companies, announced plans to reduce rates and expand insurance offerings in Texas. This action reflects the company’s recent internal...