All the headlines from our Pricing Trends Topic Page, ordered by recency.
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
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...
Sep 17 2018 // Florida businesses could see another significant rate decrease in workers’ compensation rates next year if Florida regulators approve the latest filing from the National Council on Compensation Insurance (NCCI).But...
Sep 14 2018 // The auto insurer of last resort in Texas has filed rate increases for both private passenger and commercial auto coverage. The Texas Department of Insurance reported that the Texas Automobile Insurance Plan Association has...
Sep 6 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 the...
Sep 5 2018 // Worker’s compensation rates in California have been going down a while, and that has had an impact on written premium, a report released on Wednesday shows.The Workers’ Compensation Insurance Rating Bureau of...
Aug 29 2018 // Florida businesses could see another significant rate decrease in workers’ compensation rates next year if Florida regulators approve the latest filing from the National Council on Compensation Insurance (NCCI).But...
Aug 23 2018 // The trend of increasing commercial insurance premiums that began in the fourth quarter of 2017 continued last quarter. Average premiums across all sized accounts increased by 1.5 percent in Q2, according to The Council of...