All the headlines from our Pricing Trends Topic Page, ordered by recency.
May 13 2002 // When the market is soft, the insurance industry speculates how long it will be until it turns hard … similarly, when it is hard, everyone speculates how long it will be until it turns soft. Insurance Journal pulled out...
May 13 2002 // Allstate Corp. got the go-ahead from state regulators May 2 to make increases in both auto and homeowner insurance rates, according to the Los Angeles Times. California’s third largest insurer had requested a...
May 10 2002 // The typical Michigan motorist will experience increased automobile insurance rates during the coming year, according to the Michigan Office of Financial and Insurance Services (OFIS). To help Michigan motorists combat...
May 7 2002 // Hospitals in Pennsylvania are estimated to be paying more than $180 million in additional premiums for medical liability insurance compared to a year ago, according to a statewide survey of medical professional liability...
May 7 2002 // Bermuda-based PartnerRe Ltd. reported record operating results for the 2002 first quarter of $66.8 million, or $1.29 per share on a fully diluted basis compared to $55.6 million, or $1.08 per share, for the first quarter...
May 6 2002 // Allstate Corp. got the go-ahead from state regulators May 2 to make increases in both auto and homeowner insurance rates, according to the Los Angeles Times. California’s third largest insurer had requested a...
May 1 2002 // The Professional Insurance Agents of Connecticut, New Hampshire, New Jersey and New York has launched a survey on their collective Web sites, asking their members to evaluate the conditions of several sectors of the...
Apr 23 2002 // RenaissanceRe Holdings Ltd. proved once again that it can make money better than anyone else. The Bermuda-based company announced that its first quarter net operating income available to common shareholders (excluding...
Apr 18 2002 // In the closing days of the Legislative session, Iowa lawmakers passed two bills that will cut the premium tax for property/casualty insurers and rectify a court decision that adversely impacted workers’ compensation...
Apr 15 2002 // Fireman’s Fund Insurance has developed a new software program, designed specifically to help agents better serve their customers. The software, iCustomer Series, is targeted at middle market businesses concentrated...
Apr 15 2002 // Spring is in the air, and that means conventions, conventions and more conventions for insurance agents and brokers.The first is the upcoming Orange County “I” Day, to be held April 23 at the West Coast Anaheim...
Apr 5 2002 // “Submissions are coming in by the truckload. Renewals obviously are something that we’re very concerned about, said Derek Borisoff at this year’s Joint ‘I’ Day in Universal City,...
Apr 2 2002 // The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) has submitted a filing with the California Department of Insurance (CDI) proposing changes to the approved pure premium rates that became...
Apr 1 2002 // The state Senate passed March 27 Senate File 2318, which would cut the premium tax for property/casualty insurers from 2 percent to 1 percent over a four-year period, beginning in 2004. National Association of Independent...
Mar 27 2002 // Pennsylvania isn’t the only Eastern State to experience precipitate increases in the cost of medical malpractice insurance. A report in the New York Times reveals premium increases of between 10 and 40 percent in...
Mar 22 2002 // Michigan-based Amerisure Insurance, a regional property and casualty insurance group, reported strong operating results for the year 2001, with net income of $15.9 million and a surplus increase of $9.6 million. Direct...
Mar 21 2002 // Theme parks, cruise lines, and other tourism-driven business are watching their insurance rates rise due to the fallout of the Sept. 11 attacks, according to the Bloomberg News.Carnival Cruise Lines, a Miami-based...
Mar 21 2002 // The Workers’ Compensation Insurance Rating Bureau of California’s (WCIRB) Governing Committee gave the go-ahead March 20 for a filing of a 10.1 increase in advisory pure premium rates to be effective on...
Mar 12 2002 // Bermuda’s PartnerRe Ltd. announced that “the Company bound contracts expected to generate $1.37 billion in premiums during its key January 2002 renewal season — an increase of 37%.” The Company the...
Mar 7 2002 // In yet another attempt to limit an insurer’s ability to accurately assess risk in Maryland, the House Economic Matters Committee is considering eliminating the use of geographic location as a rating factor in...