All the headlines from our Pricing Trends Topic Page, ordered by recency.
Feb 21 2005 // The start of 2004 was a testing time for the global D&O market, reports Willis’ Directors & Officers Index which asked participating insurers for their views about the past three and next three months....
Feb 21 2005 // Insurance Journal recently surveyed several surplus line associations regarding their thoughts on the current atmosphere of the surplus lines marketplace, and their expectations into 2005. Executive director Ted Pierce of...
Feb 16 2005 // The Medical Protective Company (Medical Protective), a large admitted primary medical professional liability insurer in Texas, announced it has no plans to take an overall rate increase in the state in 2005.President and...
Feb 14 2005 // Six months after four hurricanes tore through Florida, more than 532,000 mobile home owners in the state could soon face costly premium increases or lose coverage according to Sam Miller, executive vice president of the...
Feb 10 2005 // State Insurance Commissioner Kevin McCarthy has asked property insurance companies to delay filing for rate increases until after the upcoming legislative session ends in early May. In addition to postponing new filings...
Feb 9 2005 // The cost of auto insurance is expected to rise by just 1.5 percent in 2005, the smallest increase in five years, reports the Insurance Information Institute.The average cost for auto insurance nationwide for 2005 is...
Feb 9 2005 // Dallas-based MarketScout (www.marketscout.com) reported this week that January 2005 property and casualty rates increased by a composite rate of 1%. According to Richard Kerr, chairman and CEO of MarketScout, “The...
Feb 8 2005 // New Hampshire drivers are benefiting from increased competition among auto insurers.Seven of the 11 auto insurance companies that have filed rate change requests with the state so far this year have asked for decreases,...
Feb 7 2005 // Four public hearings have been scheduled March 1 in Florida to discuss Nationwide Insurance’s proposed 28.3 percent statewide average rate increase for homeowner’s insurance policies. Two hearings are scheduled...
Feb 7 2005 // The request by the North Carolina Rate Bureau to increase auto insurance rates in North Carolina is being closely scrutinized by the North Carolina Department of Insurance according to Chrissy Pearson, a DOI...
Feb 7 2005 // The start of 2004 was a testing time for the global D&O market, reports Willis’ Directors & Officers Index which asked participating insurers for their views about the past three and next three...
Feb 7 2005 // The commercial insurance industry experienced a full year of a soft market conditions in 2004, as the last months of the year represented the fourth consecutive quarter of declining prices, according to the RIMS Benchmark...
Feb 3 2005 // The North Carolina Department of Insurance has expressed doubts about new methodology used by the North Carolina Rate Bureau, which has just requested an 11.5 percent statewide increase in private auto insurance rates....
Feb 2 2005 // Each year before Groundhog Day, the Insurance Information Institute invites a panel of Wall Street stock analysts and industry professionals to come out of their holes, look around for their shadow and forecast the outlook...
Feb 2 2005 // The Chubb Corporation reported that its net income in the fourth quarter 2004 jumped to $467.6 million compared to $72.3 million in the fourth quarter 2003.Property/casualty net premiums written in the fourth quarter of...
Feb 1 2005 // AAA Texas County Mutual Insurance Company, the insurance affiliate for AAA Texas, has filed for an 8.7 percent average automobile insurance rate reduction effective today for new business and March 14 for renewing...
Jan 27 2005 // As some had predicted, health insurers in Maryland plan to raise their rates to cover a newly enacted two percent tax on HMO premiums.The tax was a focal point of a bitter battle between Gov. Robert Ehrlich and state...
Jan 27 2005 // Maryland Democratic legislative leaders have castigated Insurance Commissioner Alfred Redmer for his blanket approval of a 2 percent increase in HMO premiums, saying he is playing politics with the issue to advance the...
Jan 26 2005 // Floridian homeowners with policies issued by Nationwide Insurance Company of Florida, the state’s fourth-largest insurer has asked the Office of Insurance Regulation to approve a 28.3 percent rate increase....
Jan 25 2005 // Itasca, Ill.-based brokerage Arthur J. Gallagher & Co. reported fourth-quarter net income of $49.1 million, down from $49.2 million a year ago, though revenue was up 6 percent to $386.9 million. The results fell short...