All the headlines from our Pricing Trends Topic Page, ordered by recency.
May 12 2004 // The California Workers’ Compensation Insurance Rating Bureau’s (WCIRB) Governing Committee approved the submission of a proposed reduction in pure premium rates to be effective on policies incepting on or after...
May 6 2004 // San Antonio-based Argonaut Group Inc. announced financial results for the three months ended March 31, 2004, reporting that earned premium rose and its combined ratio decreased from the same quarter in 2003. Net income was...
Apr 22 2004 // Insurance Commissioner Carroll Fisher recently announced that a request for a rate hike by Oklahoma’s third largest writer of medical malpractice insurance has been approved.The Oklahoma Insurance Department reported...
Apr 21 2004 // The costs for two major commercial lines insurance fell in the first quarter of 2004, according to a RIMS Benchmark Survey.In the first quarter of 2004, premium prices for property insurance fell by about 1.5 percent....
Apr 20 2004 // The Houston area far exceeds the national average in the number of serious traffic collisions, contributing to skyrocketing medical costs and giving Harris County the most expensive auto insurance rates in Texas, according...
Apr 13 2004 // A large medical malpractice insurer plans to bypass Texas regulators in order to raise insurance rates for doctors, the Associated Press reported.GE Medical Protective will increase the cost of premiums 10 percent on June...
Apr 13 2004 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved the request of State Farm Fire and Casualty Company for an overall statewide average increase of 28.8 percent for rental condominium unitowners insurance,...
Apr 5 2004 // To counteract the steep rise in medical and prescription drug costs, the North Dakota Workforce Safety and Insurance’s (WSI) board of directors authorized the agency to go forward with a proposal for a slight premium...
Apr 5 2004 // Tennessee Insurance Commissioner Paula Flowers has issued a new bulletin cautioning that Tennessee insurers must notify their policyholders about rate or rate factor increases on Commercial Risk policies.The Department of...
Mar 30 2004 // The cost of auto insurance is expected to rise by 3.5 percent in 2004, the smallest increase in four years, according to the Insurance Information Institute (I.I.I.).The declining number of auto accidents due to better...
Mar 26 2004 // Medical Protective Co., which provides malpractice insurance for 200 doctors located mainly in southern Nevada, has filed for a 24 percent rate increase.The state Insurance Division says MedPro wants the increase to take...
Mar 22 2004 // To counteract the steep rise in medical and prescription drug costs, the North Dakota Workforce Safety and Insurance’s (WSI) board of directors authorized the agency to go forward with a proposal for a slight premium...
Mar 22 2004 // The Interinsurance Exchange of the Auto Club filed with the state Department of Insurance for an overall 5 percent reduction in its California auto insurance rates. The rate reduction should save Auto Club policyholders an...
Mar 18 2004 // Nevada Insurance Commissioner Alice Molasky-Arman has approved the request of Physicians Insurance Company of Wisconsin Inc. (PIC) for a 15 percent increase for medical malpractice insurance. In addition to the 15 percent...
Mar 16 2004 // A bill creating an electronic database for insurers to use in allocating insurance property and casualty premium taxes was passed Tuesday by Florida’s House and is headed for a vote in the Senate.“We’ve...
Mar 10 2004 // MarketScout released its barometer for the month of February, noting rate reductions among other topics. According to Richard Kerr, chairman and CEO, of MarketScout, “The Lloyds and London Companies market is easing....
Mar 8 2004 // As Costello famously asked Abbott, “Who’s on first?”A new report released by leading independent insurance intermediary Benfield concludes that despite “ample capacity and signs of resurgent...
Mar 8 2004 // Insurers are applying the brakes to workers’ compensation rate increases in Missouri, according to the state’s insurance department. After almost one-third of such insurers filed rate changes in January,...
Mar 8 2004 // Although I’ve been around the specialty industry for more years than I care to reveal and now have seen multiple hard and soft markets, I’m confused.Why such confusion? After reading tea leaves, consulting the...
Mar 8 2004 // The Surplus Lines Stamping Office of Texas was established in 1988 as a result of legislation drafted by a committee that included Texas Surplus Lines Association members, Texas Department of Insurance staff and other...