All the headlines from our Pricing Trends Topic Page, ordered by recency.
Dec 1 2003 // Nevada’s employers should see a drop in their 2004 premiums for workers’ compensation as a result of the filing submitted by the National Council on Compensation Insurance Inc. approved by Nev. Insurance...
Nov 26 2003 // Oklahoma Insurance Commissioner Carroll Fisher cut the rate increase requested by Physicians Liability Insurance Co. (PLICO) for its medical malpractice policies, but the company still received the okay to potentially...
Nov 25 2003 // Texas Department of Insurance (TDI) Commissioner Jose Montemayor has rejected rate hikes requested by the Texas Medical Liability Insurance Underwriting Association, also known as the Joint Underwriting Association...
Nov 24 2003 // Texas Department of Insurance (TDI) Commissioner Jose Montemayor has rejected rate hikes requested by the Texas Medical Liability Insurance Underwriting Association, also known as the Joint Underwriting Association...
Nov 20 2003 // Despite the passage in September of Proposition 12, which approved a legislative measure designed to lower malpractice insurance rates for doctors, at least two of the five major carriers providing that coverage in Texas...
Nov 19 2003 // Despite reported significant premium growth since 1998, the U.S. property/casualty industry’s profitability continues its long downward trend, an industry leader said Tuesday.Speaking at the annual meeting of the...
Nov 13 2003 // New York Superintendent of Insurance Gregory Serio announced that the Insurance Department has approved a State Farm Mutual Insurance Company overall rate reduction of 5% on their private passenger automobile rates which...
Nov 13 2003 // Nevada’s employers should see a drop in their 2004 premiums for workers’ compensation as a result of the filing submitted by the National Council on Compensation Insurance Inc. approved by Nevada Insurance...
Nov 11 2003 // Maine Governor John Baldacci recently announced that the National Council on Compensation Insurance (NCCI) has filed a request to decrease workers’ compensation loss costs for policy year 2004 by an average of 3.3...
Nov 5 2003 // Commercial insurance buyers say the skyrocketing increases in costs of many insurance policies showed signs of stabilizing in the third quarter, according to the RIMS Benchmark Survey, an industry survey of market...
Nov 3 2003 // Ted Pierce, executive director of the Surplus Line Association of California (SLA), released the association’s nine-month total for processed surplus line premium showing an 82 percent increase over the 2002 premium...
Nov 3 2003 // Is the cyclical hard market taking a turn for the soft? According to one expert, that is just what appears to be happening.“The property and casualty insurance market is softening,” Richard Kerr, chairman and...
Nov 3 2003 // Premium financing is an integral part of the insurance process. The premium finance company is the only entity that deals with all the parties involved in an insurance policy. In a marketplace where it is vital that the...
Oct 29 2003 // San Antonio-based Argonaut Group Inc. announced financial results for the three- and nine-month periods ended Sept. 30, 2003.According to the company, highlights for the third quarter of 2003 include: · The...
Oct 28 2003 // The Chubb Corporation reported that net income in the third quarter of 2003 was $259.8 million or $1.37 per share, compared to a net loss of $242.1 million ($1.42 per share) in the third quarter of 2002.Operating income,...
Oct 27 2003 // — Most Customers Rely on Agent’s Expertise —Customer satisfaction with homeowners insurance remains stable despite a sharp hike in premiums, according to the J.D. Power and Associates 2003 Homeowners Insurance...
Oct 27 2003 // The United Services Automobile Association Group, which insures around 91,000 New Jersey drivers, will reportedly begin lowering rates as of the 1st of December. According to a report that appeared in the NJ Star-Ledger,...
Oct 24 2003 // Cincinnati-based specialty insurer The Midland Co. reported net income for the third quarter of $4.3 million, or 23 cents per share, including 4 cents in realized capital gains, compared with a net loss of $2.6 million, or...
Oct 20 2003 // Richard Kerr, chairman and CEO of MarketScout, maintains that the property and casualty insurance market is softening. “As a result, business owners will have more free capital for investing. A 10 percent composite...
Oct 17 2003 // In an address at the National Association of Independent Insurers Fall Legislative Meeting, Sen. James L. Seward, chairman of the Senate Standing Committee on Insurance, stressed the need for serious fraud reform in New...