All the headlines from our Pricing Trends Topic Page, ordered by recency.
Jul 8 2002 // At its Insurance 2002 conference in New York recently, Standard and Poor’s offered little consolation to insurance agents and brokers who are looking for quick relief from the pressures of the current hard market.The...
Jul 8 2002 // Last January separate panels of analysts who follow the insurance industry and CEO’s of insurance companies predicted a “foreshortened” cycle, a brief hard market that would give insurers little relief...
Jul 8 2002 // At its Insurance 2002 conference in New York recently, Standard and Poor’s offered little consolation to insurance agents and brokers who are looking for quick relief from the pressures of the current hard market.The...
Jul 8 2002 // Homeowners insurance rates have risen by average of 8 percent nationwide in 2002 due to an extraordinary number of catastrophes, the high cost of home repairs and excessive jury awards in mold cases, according to a new...
Jul 2 2002 // Inaccurate, incomplete motor vehicles records (MVRs) not only compromise highway safety and force good drivers to subsidize bad drivers, they also cause insurers to rely on other methods to fully assess individual driver...
Jul 1 2002 // An extraordinary number of catastrophes, the high cost of home repairs and excessive jury awards due to the emergence of mold claims are pushing the cost of homeowners insurance upward an average of 8 percent nationwide in...
Jun 27 2002 // Wednesday’s teleconference, featuring Swiss Re’s economic experts, concluded that a modest economic recovery will continue, the insurance industry will see higher rates and a “flight to quality, ”...
Jun 26 2002 // The Louisiana Insurance Rating Commission has deferred action for at least a month on Allstate Insurance Co.’s request for a 19.9 percent rate hike for homeowners and renters insurance, claiming the company had not...
Jun 26 2002 // The Louisiana Insurance Rating Commission has deferred action for at least a month on Allstate Insurance Co.’s request for a 19.9 percent rate hike for homeowners and renters insurance, claiming the company had not...
Jun 26 2002 // The Nevada Department of Insurance announced two State Farm subsidiaries, State Farm Mutual Automobile Insurance Company and State Farm Fire & Casualty Company, recently requested proposed rate hikes of 3.7 percent...
Jun 20 2002 // A public hearing June 18 at California’s DMV headquarters to discuss proposed Department of Motor Vehicles (DMV) regulations to raise fees to access public drivers license information heard strong opposition from...
Jun 18 2002 // Despite the severity of the Colorado wildfires that have blazed through the state in recent weeks, the good news is that insurance companies insist homeowners rates won’t rise due to the immense amount of claims...
Jun 17 2002 // The combined meeting of the Professional Insurance Agents of New York and New Jersey, recently held in Atlantic City, heard a number of views from a panel of experts on the current state of the insurance market.The...
Jun 10 2002 // According to a recent study, UK automobile insurance rates are flattening out after three years of big premium increases.The report, compiled by market analyst Datamonitor, found that rates had increased 53 percent on...
Jun 10 2002 // California Insurance Commissioner Harry Low recently approved a 10.1 percent average increase in workers’ compensation pure premium rates. The increase, which was proposed by the Workers’ Compensation Insurance...
Jun 10 2002 // Three fire departments in Louisiana’s Jeffers on Parish are set to receive higher fire ratings in June, which could save property owners in Marrero and Harvey as much as 15 percent on their fire insurance premiums....
May 31 2002 // The Professional Insurance Agents of New York and New Jersey announced that they will host a panel discussion on the “Hard Market” at their joint annual conference which takes place June 9-11.The panel, which...
May 27 2002 // Although the events of Sept. 11 accelerated the increase in U.S. commercial real estate insurance premiums, property and casualty insurance costs had already begun rising in 2000, independent of terrorism-coverage costs,...
May 17 2002 // While the events of Sept. 11 accelerated the increase in U.S. commercial real estate insurance premiums, property and casualty insurance costs had already begun rising in 2000, independent of terrorism-coverage costs,...
May 13 2002 // Iowa Gov. Tom Vilsack signed Senate File 2318, which will cut the premium tax for P/C insurers from 2 percent to 1 percent over a four-year period, beginning in 2004. National Association of Independent Insurers (NAII)...