Latest Pricing Trends Headlines

All the headlines from our Pricing Trends Topic Page, ordered by recency.

Injury Rates Jump at Coal Giant Murray’s West Virginia Mines

Oct 26 2018 // Injury rates have more than doubled at five West Virginia coal mines acquired by Murray Energy Corp. in 2013, according to a Reuters review of federal data, as the firm sharply increased the amount of coal produced per...

North Carolina Approves 17.2% Rate Decrease for Workers’ Comp

Oct 25 2018 // The North Carolina Rate Bureau’s 17.2 percent rate decrease filing for workers’ compensation insurance has been approved by North Carolina Insurance Commissioner Mike Causey, according to a statement from the...

Delaware Workers’ Comp Insurance Rates Decrease for Second Year in a Row

Oct 23 2018 // Workers’ compensation insurance rates will decrease for the second year in a row in Delaware, effective December 1, 2018.“I am delighted to approve yet another decrease in workers’ compensation rates in...

Premium Price for ACA Policies to Decline in Louisiana

Oct 22 2018 // People searching for health insurance policies in Louisiana will likely fare better than those in many other states as the Nov. 1 annual open enrollment period approaches for the individual marketplace.The Advocate reports...

Oregon Study Shows California Workers’ Comp Rates Falling, but Still High

Oct 16 2018 // Workers’ compensation premium rates fell considerably nationwide, while California continued to see among the worst rates in the nation, according to a new study out from the Oregon Department of Consumer and...

Florida Orders Insurers to Halt Rate Hikes; Sets Up Hurricane Michael Claims Village

Oct 16 2018 // Florida’s insurance regulator has issued an emergency order that ensures “additional protections” to Florida policyholders – including freezing any rate hikes for 90 days – to support recovery efforts...

P/C Direct Premium Written Up 6.1 Percent

Oct 15 2018 // Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2017, more than $636 billion of DPW was reported, a record high for the industry. For 2017, total...

Texas Coastal Lawmakers Urge Denial of Windstorm Insurer’s Filed 10% Rate Hike

Oct 15 2018 // More than 20 state legislators have signed a letter addressed to Texas Insurance Commissioner Kent Sullivan requesting that a 10 percent rate increase filed by the state’s property insurer of last resort for wind and...

Texas Governor Extends Time for Ruling on Windstorm Rate Increase Filing

Oct 12 2018 // Texas Gov. Greg Abbott has effectively extended until June 16, 2019, the deadline for approval or disapproval of a recent rate increase filed by the Texas Windstorm Insurance Association.The governor did so by suspending a...

Workers’ Comp Rates to Decline in Kansas Next Year

Oct 11 2018 // For the fifth consecutive year, many Kansas business owners will pay less for workers’ compensation insurance again in 2019, the Kansas Insurance Department reported.“With another rate decrease, Kansas...

West Virginia Workers’ Comp Rates to Decrease Nov. 1

Oct 3 2018 // Workers’ compensation rates will soon be less expensive for businesses in West Virginia.According to West Virginia Insurance Commissioner Allan McVey, a filing for a 13 percent decrease in voluntary market loss costs...

Idaho Workers’ Compensation Rates to Decrease in 2019

Oct 2 2018 // The Idaho Department of Insurance has proved a 4.2 percent drop in workers’ compensation insurance rates effective Jan. 1, 2019. The proposed rate change comes from the National Council on Compensation Insurance, and...

Texas Coastal Lawmakers Urge Denial of Windstorm Insurer’s 10% Rate Increase Request

Oct 1 2018 // More than 20 state legislators have signed a letter addressed to Texas Insurance Commissioner Kent Sullivan requesting that a 10 percent rate increase filed by the state’s property insurer of last resort for wind and...

Louisiana Auto Insurance Rate Hikes Lower This Year

Oct 1 2018 // Louisiana’s insurance commissioner says the state’s auto insurance market may be stabilizing, with a smaller rise in premiums expected this year compared with prior years.Insurance Commissioner Jim Donelon says...

TAIPA Files Private Passenger, Commercial Auto Rate Increases

Oct 1 2018 // The Texas Automobile Insurance Plan Association filed rate increases of 4.9 percent for private passenger auto insurance and 3.9 percent for commercial auto coverage. The proposed rate increases for new and renewal...

Rate Hikes, Fees Approved for Texas Fair Plan

Oct 1 2018 // Texas Insurance Commissioner Kent Sullivan approved a request by the Texas Fair Plan Association (TFPA) to raise rates and revise/implement various fees. The commissioner denied, however, the plan’s request to end...

SME Law Firms in England & Wales May See Rise in Professional Indemnity Rates: Marsh

Sep 26 2018 // Some professional indemnity (PI) insurers are applying greater rigor, are being increasingly selective, or are repricing risks, for small and mid-sized law firms in England and Wales, warned Marsh in a market update.As...

Donelon: Louisiana Auto Insurance Rate Hikes Lower This Year

Sep 20 2018 // Louisiana’s insurance commissioner says the state’s auto insurance market may be stabilizing, with a smaller rise in premiums expected this year compared with prior years.Insurance Commissioner Jim Donelon says...

Insurance Commissioner OKs Fees, Rate Hikes for Texas Fair Plan

Sep 17 2018 // Texas Insurance Commissioner Kent Sullivan has approved a request by the Texas Fair Plan Association to raise rates and revise/implement various fees. The commissioner denied, however, the plan’s request to end...

19% Workers’ Comp Rate Decrease Proposed for Tennessee

Sep 17 2018 // The National Council on Compensation Insurance (NCCI) has filed for a 19.1 percent decrease for workers’ compensation voluntary market loss costs in Tennessee – the largest recommended decrease since reforms to...