All the headlines from our Pricing Trends Topic Page, ordered by recency.
Nov 21 2019 // Florida Insurance Commissioner David Altmaier has issued a final order granting approval to the National Council on Compensation Insurance (NCCI) for a statewide overall decrease of 7.5% for Florida workers’...
Nov 20 2019 // When the board of directors of Texas’ property insurer of last resort for wind and hail along the Texas coast meets in December, its members will be considering a 5% rate increase recommended by the...
Nov 18 2019 // Proposed rate increases for both private passenger and commercial auto insurance rates have been approved for the Texas Automobile Insurance Plan Association (TAIPA).The Texas Department of Insurance granted TAIPA’s...
Nov 15 2019 // Texas’ property insurer of last resort for wind and hail in counties along the Gulf Coast is finding itself once again between a rock and a hard place — or perhaps more appropriately, between a hurricane and a...
Nov 14 2019 // California Insurance Commissioner Ricardo Lara has adopted and issued a revised average advisory pure premium rate, lowering the benchmark to $1.52 per $100 of payroll for workers’ compensation insurance, effective...
Nov 14 2019 // Global insurance premiums will grow 3 percent on average over the next two years even with an emerging global economic slowdown, Swiss Re said in its latest sigma report.Rising lost costs will fuel the moderate but steady...
Nov 12 2019 // Proposed rate increases for both private passenger and commercial auto insurance rates have been approved for the Texas Automobile Insurance Plan Association (TAIPA).The Texas Department of Insurance granted TAIPA’s...
Nov 8 2019 // A filing by the National Council on Compensation Insurance (NCCI) that would reduce workers’ compensation insurance rates in Louisiana by 8.4% next year has been approved by Louisiana Insurance Commissioner...
Nov 4 2019 // Agency errors and omissions (E&O) coverage is likely the most important insurance policy an agency purchases. As customer demands rise to an all-time high, having the right E&O coverage and ensuring best practices...
Nov 4 2019 // Florida businesses can expect an even greater decrease in workers’ compensation insurance next year, thanks to an order by the state regulator for a further decrease to the recent rate filing proposed by the National...
Oct 25 2019 // Florida businesses can expect an even greater decrease in workers’ compensation insurance next year, thanks to an order by the state regulator for a further decrease to the recent rate filing proposed by the National...
Oct 21 2019 // Texas surplus lines premium reported through the first three quarters of 2019 reached $5.35 billion, a 16.15% increase over the same period in 2018, according to the Surplus Line Stamping Office of Texas...
Oct 15 2019 // Delaware is set to see a decrease in workers’ compensation insurance rates for the third year in a row, effective December 1, 2019.“I am delighted to approve a decrease in workers’ compensation rates in...
Oct 10 2019 // Gross written premiums written by the London company market have increased by 8.1% to £28.437 billion ($34.7 billion) in 2018, according to a report published by the International Underwriting Association (IUA)Gross...
Oct 7 2019 // The Idaho Department of Insurance has approved a proposal for a 6.2 percent overall rate decrease to Idaho workers’ compensation insurance effective Jan. 1, 2020. The proposed rate change was recommended by the...
Oct 7 2019 // U.K. home and car insurers could be stopped from jacking up prices when customers’ policies come up for renewal as the country’s financial-markets watchdog clamps down on an industry that’s not giving a...
Oct 7 2019 // The North Carolina Department of Insurance and the North Carolina Rate Bureau have settled a legal dispute over a proposed premium increase for homeowners insurance rates, according to a statement from NCDOI.NCDOI has also...
Oct 7 2019 // In the aggregate, workers’ compensation insurers reported a modest increase in direct written premiums in the U.S. for the first six months of 2019 versus the same period 2018, up 2.2%. However, the 25 carriers with...
Oct 3 2019 // Reported Texas surplus lines premium through the first three quarters of 2019 reached $5.35 billion, a 16.15% increase over the same period in 2018, according to the Surplus Line Stamping Office of Texas...
Sep 30 2019 // The North Carolina Department of Insurance and the North Carolina Rate Bureau have settled a legal dispute over a proposed premium increase for homeowners insurance rates, according to a statement from NCDOI.NCDOI has also...