All the headlines from our Pricing Trends Topic Page, ordered by recency.
Mar 18 2019 // Between 2016 and 2018, the percentage of private sector employers participating in the workers’ compensation system in Texas fell from 78 percent to 72 percent, according to a report released in February by the state...
Mar 15 2019 // Texas independent insurance agents might want to warn their homeowner insurance customers that premium hikes and/or increases in deductibles could be on the horizon this year.Homeowners insurers have been filing for rate...
Mar 13 2019 // The Florida Office of Insurance Regulation (OIR) will conduct a rate hearing to receive public comment on the proposed rate changes from Citizens Property Insurance Corp. for its business in the Coastal Account (CA),...
Mar 12 2019 // Flood insurance premiums could rise and property values fall in the most deluge-prone areas under a plan the Trump administration intends to roll out in coming weeks to change the way risk is calculated under the National...
Mar 11 2019 // U.S. commercial insurance carriers again earned price increases in the 2018 fourth quarter, but the growth was slight. Premiums during the quarter grew just under two percent on average compared to the same period in 2017,...
Mar 5 2019 // Notice: There has been a date and time change since the original publishing.If making use of market insights is not among your strong suits, you’re not alone. So where do you obtain the latest rate information to...
Mar 4 2019 // For the first time since the Great Recession, the U.S. has experienced three straight years of at least 40,000 automobile-related deaths, according to estimates from the National Safety Council.In 2018, an estimated 40,000...
Mar 4 2019 // Texas independent insurance agents might want to warn their homeowner insurance customers that premium hikes and/or increases in deductibles could be on the horizon this year.Homeowners insurers have been filing for rate...
Mar 1 2019 // Nevada Insurance Commissioner Barbara D. Richardson approved a filing from the National Council on Compensation Insurance for an average decrease of 8.1 percent for Nevada workers’ compensation voluntary insurance...
Feb 20 2019 // Workers’ compensation insurance will continue to cost less for most Vermont employers when new rates approved by the Department of Financial Regulation (DFR) become effective on April 1, 2019.This is the third rate...
Feb 19 2019 // The North Carolina Rate Bureau has filed a request to increase homeowners’ insurance rates for mobile home policies of at least 19 percent, according to the North Carolina Department of Insurance (NCDOI).The NCRB,...
Feb 15 2019 // State Farm Mutual Automobile Insurance Company will cut its rates in Virginia for the second time in two years. As a result, its overall personal auto rate will drop by 4.9 percent. The total state-wide expected impact for...
Feb 13 2019 // Black Hills Federal Credit Union in South Dakota and a Wisconsin-based insurance company have agreed to pay $3 million to settle a class-action lawsuit claiming they improperly raised insurance premiums on thousands of...
Feb 8 2019 // The Allstate Corp. lost $312 million in its 2018 fourth quarter, which was attributable to higher catastrophe losses, lower investment income and a pension settlement charge.Catastrophe losses hit $963 million, versus just...
Feb 5 2019 // The annual auto insurance filing from the North Carolina Rate Bureau to the North Carolina Department of Insurance calls for an overall statewide average increase of 7.6 percent, according to a statement from Insurance...
Jan 29 2019 // Connecticut’s largest electric utility has asked the state for permission to charge ratepayers for the more than $150 million it has spent to repair damage caused by five major storms over the past two...
Jan 29 2019 // For the seventh year in a row, the Florida insurance industry, regulators, and consumer advocates will push for reforms to the state’s assignment of benefits issue that has now become an insurance crisis, according...
Jan 16 2019 // Steady improvement for U.S. personal auto insurance companies has culminated in the sector’s best underwriting performance in 10 years, according to Fitch Ratings in a report.The market improvement was driven by the...
Jan 7 2019 // The Surplus Lines Stamping Office of Texas (SLTX) reported that the state recorded $6.08 billion in excess and surplus insurance premium for 2018, representing an 11.4 percent growth over 2017.Certain coverages have...
Jan 7 2019 // For the seventh year in a row, the Florida insurance industry, regulators, and consumer advocates will push for reforms to the state’s assignment of benefits issue that has now become an insurance crisis, according...