All the headlines from our Pricing Trends Topic Page, ordered by recency.
Jul 21 2003 // Arkansas Insurance Commissioner Mike Pickens announced an overall loss increase of 1.8 percent in the state’s Workers’ Compensation voluntary insurance market. This small increase is the first for Arkansas in...
Jul 18 2003 // Farmers Insurance Group® announced they are reducing homeowners rates in the state of Kansas.Farmers’ policyholders in Kansas were to see a rate decrease of .7 percent effective July 1. Actual savings will vary...
Jul 14 2003 // Arkansas Insurance Commissioner Mike Pickens announced an overall loss increase of 1.8 percent in the State’s Workers’ Compensation voluntary insurance market. This small increase is the first for Arkansas in...
Jul 7 2003 // In a hard market, like the one we’re experiencing lately, many of the positive effects of the increased revenue can also carry some consequences that can negatively affect your agency down the road.A hard market is a...
Jul 3 2003 // For the next year, average workers’ compensation rates will fall slightly for Missouri employers that buy coverage through the state’s “pool” of last resort, according to Scott Lakin, director of...
Jun 30 2003 // The Louisiana Rating Commission has approved higher premiums for a few insurers in the state, while also installing an annual fee charged to all insurance companies.The fee is expected to raise about $56.4 million in the...
Jun 25 2003 // Swiss Re’s Chief Economist said on Wednesday that the U.S. economy is growing slowly – weakness consistent with a Fed cut later today – but will grow more rapidly in the second half of the...
Jun 24 2003 // The New York State Insurance Department announced that it has scheduled a public hearing on July 3, to consider the application of the New York Compensation Insurance Rating Board (NYCIRB) for a workers’ compensation...
Jun 23 2003 // Despite substantial rate increases over the past three years, property/casualty insurers will not see any dramatic improvement in their financial results by 2004, according to Conning Research & Consulting Inc....
Jun 23 2003 // Nevada Insurance Commissioner Alice Molasky-Arman has approved State Farm Fire and Casualty Company’s request for an overall statewide average increase of 5.2 percent, or $2.5 million. This is part of a total...
Jun 17 2003 // Mayfield Village, Ohio-based vehicle insurer Progressive Corp. reported that for May 2003, the company produced a GAAP combined ratio of 88.3. Net premiums written increased 29 percent to $910.9 million for the month,...
Jun 17 2003 // The National Association of Independent Insurers has issued a bulletin indicating that a bill, scheduled to be considered by the Rhode Island’s House Judiciary Committee, would expand liability for car renters and...
Jun 9 2003 // California Insurance Commissioner John Garamendi issued a decision June 6 on the Workers’ Compensation Insurance Rating Bureau’s (WCIRB) July 1, 2003 pure premium rate filing that was submitted on April 2,...
Jun 4 2003 // Aon CEO Patrick Ryan told a group of journalists that premiums will grow slowly through the end of 2003 and into early 2004, according to Reuters. Ryan predicted rates would rise over the next five to seven years. Certain...
Jun 4 2003 // The New York Healthcare Alliance (NYHA), a coalition of healthcare providers and workers from approximately 75 hospitals throughout the state, has issued a warning that, as a result of a recent court ruling, “New...
Jun 3 2003 // Despite substantial rate increases over the past three years, Property/Casualty insurers will not see any dramatic improvement in their financial results by 2004, according to Conning Research & Consulting,...
Jun 2 2003 // State Insurance Commissioner Alice A. Molasky-Arman has approved State Farm Fire and Casualty Company’s request for an overall statewide average increase of 5.2 percent, or $2.5 million. This is part of a total...
Jun 2 2003 // Caps on non-economic damages have failed to prevent sharp increases in medical malpractice insurance premiums, even though insurers enjoyed a slowdown in their payouts, according to a white paper released by Weiss Ratings,...
May 27 2003 // New Hampshire Insurance Department Commissioner Paula Rogers, the keynote speaker at the Professional Insurance Agents of New Hampshire Inc.’s annual conference held at the Marriott Courtyard and Grappone Conference...