All the headlines from our Pricing Trends Topic Page, ordered by recency.
Nov 4 2002 // Despite loss estimates of around $120 million from this summer’s floods in Germany and Eastern Europe, Bermuda’s PartnerRe had a relatively good third quarter, narrowing its net loss for the three months to...
Oct 30 2002 // The Chubb Corporation reported that net written premiums grew 33 percent as insurance rates continued to rise in all three strategic business units and as the company continued to attract new customers.Chubb had an...
Oct 28 2002 // The Harleysville Group Inc. of Harleysville, Pa. announced results for the third quarter of 2002.Company chairman and CEO Walter Bateman noted that commercial lines also achieved a combined ratio of 100 percent. “Our...
Oct 28 2002 // The U.S. excess and surplus lines market reported a 35 percent increase in direct premium volume in 2001, according to the “Annual Review of the Excess & Surplus Lines Industry-September 2002,” released by...
Oct 28 2002 // RiskProNet Intl. (RPNI), is holding a conference on “Navigating the Hard Market” at the Scottsdale Conference Resort in Scottsdale, Ariz., Nov. 10-12. According to RPNI executive director Gary Normington,...
Oct 21 2002 // State Farm Insurance Co. is expected to resume writing new homeowners insurance policies in Central Florida and other parts of the state on a limited basis after being granted a 23.3 average increase for homeowners...
Oct 21 2002 // California Insurance Commissioner Harry Low issued his ruling on all matters included in the WCIRB’s Jan. 1, 2003 pure premium rate filing (File No. RH 02022520.) The Commissioner approved a 10.5 percent increase in...
Oct 21 2002 // Reinsurers are set to meet with brokers and cedants next week in Baden-Baden, the German city famous for its spa, to discuss renewal terms, and the main subject is likely to be premium increases.The industry is now more...
Oct 15 2002 // The Joint Hull Committee (JHC), a cooperative organization between the London-based International Underwriting Association (IUA) and Lloyd’s Underwriters’ Association, announced that recent hull losses would...
Oct 14 2002 // Nevada Insurance Commissioner Alice A. Molasky-Arman has granted a request by Dairyland Insurance Company (Dairyland) to increase its private passenger automobile insurance rates by an overall 8.5 percent statewide...
Oct 10 2002 // Nevada Insurance Commissioner Alice A. Molasky-Arman has approved a mobile homeowners insurance rate change for the Foremost Insurance Company Grand Rapids, Michigan (“Foremost Insurance”), American Federation...
Oct 8 2002 // The Massachusetts State Rating Bureau announced it has filed a recommendation for a statewide 2 percent increase for private passenger auto insurance rates in 2003, denying the 7 percent increase requested by auto...
Oct 8 2002 // RiskProNet, Intl. (RPNI), is holding a conference on “Navigating the Hard Market” at the Scottsdale Conference Resort in Scottsdale, Ariz., Nov. 10-12. According to RPNI Executive Director Gary Normington,...
Oct 8 2002 // The U.S. excess and surplus lines market reported a 35 percent increase in direct premium volume in 2001, according to the “Annual Review of the Excess & Surplus Lines Industry-September 2002,” released by...
Oct 3 2002 // American Casualty Company of Reading, Pa. recently filed a request for rate increase in Nevada. The increase, if granted, would be placed in effect on policies in the Certified Registered Nurse Anesthetists Professional...
Oct 3 2002 // The Washington Department of Labor and Industries (L&I) has scheduled seven public hearings to take testimony on a proposed 40.5 percent increase in workers’ compensation premiums in 2003.The hearings give...
Sep 30 2002 // Lloyd’s Chairman Sax Riley told an audience of 600 insurance professionals in Milan, Italy that the way in which business organizations manage the risks they face is becoming an increasingly important factor in the...
Sep 30 2002 // International Risk Management Institute, Inc., has published “The IRMI Hard Market Survival Guide 2002” on its Web site, www.IRMI.com. The article provides 20 practical recommendations to help business...
Sep 20 2002 // One report spotlights the crisis among doctors in North-eastern Ohio, who are refusing to deliver babies due to higher medical malpractice insurance premiums; another report from Detroit says that home owners insurance...
Sep 17 2002 // Rates in 2002 for reinsurance covering the property catastrophe risks of insurance companies increased in all regions for virtually all insurance companies, according to a new report by Guy Carpenter & Co., Inc. The...