All the headlines from our Pricing Trends Topic Page, ordered by recency.
Aug 31 2004 // The Associated Press reported that an insurance company that had threatened to stop offering medical malpractice coverage to doctors in West Virginia has been granted a 9.5 percent rate increase, according to Gov. Bob...
Aug 25 2004 // A national insurance organization has lowered its rating on Yuma, Arizona’s family home building codes, a move that could result in higher home insurance rates here.The Insurance Services Office reviewed the codes...
Aug 16 2004 // The high cost of medical care just got higher.R. Kevin Clinton, president of American Physicians Capital Inc., told leaders of the New Mexico Medical Society that medical malpractice insurance premiums have increased an...
Aug 9 2004 // California Insurance Commissioner John Garamendi announced that workers’ compensation rate filings illustrate a downward trend, but still fall short of his pure premium rate advisory of minus 20.9 percent issued on...
Aug 5 2004 // Worker’s compensation insurers operating in Oklahoma want a significant increase in the premiums they charge for coverage, the Associated Press and The Oklahoman reported.An industry group representing the companies...
Jul 22 2004 // The Workers’ Compensation Insurance Rating Bureau will propose a 3.5 percent average increase in the advisory pure premium rates for policies incepting on or after Jan. 1, 2005, based on an analysis of loss and loss...
Jul 21 2004 // The commercial property/casualty insurance market showed signs of continued softening in the second quarter of 2004, with one-third of the small accounts and more than half the medium and large accounts experiencing...
Jul 20 2004 // West Virginians paid more for auto insurance in 2001 than people in all but 15 other states, according to statistics from the National Association of Insurance Commissioners, the Associated Press and the Charleston Gazette...
Jul 19 2004 // New York Superintendent of Insurance Gregory V. Serio announced that the majority of New York State’s 50,000 physicians will see a 7 percent rate increase in their medical malpractice insurance premiums for the...
Jul 19 2004 // California Insurance Commissioner John Garamendi released a statutorily mandated report on the State Compensation Insurance Fund’s (SCIF’s) potential to reduce workers’ comp rates based on his review of...
Jul 15 2004 // New York Superintendent of Insurance Gregory V. Serio today rejected the filing submitted by the New York Compensation Insurance Rating Board (CIRB) that sought an overall increase of 29.3 percent in workers’...
Jul 15 2004 // In the continuing march toward a soft market, most commercial insurance buyers renewed their policies at the same or lower premiums last quarter, according to a survey of corporate risk managers.Data from the survey shows...
Jul 14 2004 // For the second consecutive year, ICBC will not be increasing basic automobile insurance rates, the corporation announced. ICBC’s submission to the British Columbia Utilities Commission (BCUC), which sets basic...
Jul 14 2004 // The average medical payment for workers’ compensation claims in Pennsylvania rose nearly 14 percent during the most recent period studied, according to a new study by the Workers Compensation Research Institute...
Jul 9 2004 // The New York State Insurance Department has scheduled a public hearing for Tuesday, July 13, to consider the application of the New York Compensation Insurance Rating Board for a workers’ compensation insurance...
Jul 9 2004 // Insurance Commissioner John Garamendi released a statutorily mandated report on the State Compensation Insurance Fund’s (SCIF’s) potential to reduce workers’ comp rates based on his review of its...
Jul 5 2004 // Like a commercial airline scrambling to squeeze out a profit in the face of increased competition and skyrocketing fuel prices, many insurance agents find themselves caught in the downward spiral of another soft market...
Jul 5 2004 // Swiss Re’s chief economist believes that strong economic growth, coupled with a slight uptick in inflation, will force the Federal Reserve to raise the federal funds rate to close to 2 percent by the end of...
Jul 5 2004 // Over the period 1989 through 2001, the property/casualty insurance marketplace saw direct written premium grow from $228 billion to nearly $362 billion. This represented a compound rate of increase of approximately 4...
Jul 1 2004 // New York State Insurance Department Superintendent of Insurance Gregory V. Serio today announced that the majority of New York State’s 50,000 actively practicing physicians will see a seven percent rate increase in...