All the headlines from our Pricing Trends Topic Page, ordered by recency.
May 30 2018 // The New York Compensation Insurance Rating Board (NYCIRB), a non-governmental rate service organization, has proposed an 11.7% decrease in the overall loss cost level in New York State.The change was proposed in its 2018...
May 21 2018 // The Florida Office of Insurance Regulation (OIR) has approved a 1.8 percent rate decrease for workers’ compensation insurance in Florida. The decrease was filed by the National Council on Compensation Insurance...
May 8 2018 // The first glimpse of what health insurance companies plan to charge for Obamacare plans next year suggests there’s no relief ahead for consumers saddled with high premiums.Several insurers in Maryland and Virginia...
May 7 2018 // Fitch Ratings’ outlook for global reinsurance remains negative given intense market competition, the influx of alternative capital that continues to pressure pricing and persistently low investment yields that strain...
May 7 2018 // Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2016, more than $607 billion of DPW was reported. For 2017, total DPW for all P/C insurers...
May 7 2018 // The North Carolina Department of Insurance has reached a settlement with the North Carolina Rate Bureau to increase homeowners insurance rates statewide by an average of 4.8 percent.The agreement between the two parties...
May 3 2018 // Makers and distributors of the prescription opioids that triggered a U.S. public health crisis are responsible for a rise in health insurance premiums, according to first-of-their-kind lawsuits filed in five states.The...
May 2 2018 // The Florida Office of Insurance Regulation (OIR) has approved a 1.8 percent rate decrease for workers’ compensation insurance in Florida. The decrease was filed by the National Council on Compensation Insurance...
May 1 2018 // H.W. Kaufman Group has acquired Dallas-based premium financing firm, Stonemark Inc., with plans to merge it into Kaufman subsidiary, Royal Premium.The merger will create a new organization under the Stonemark brand....
Apr 20 2018 // The Idaho Department of Insurance has approved a proposal from the National Council on Compensation Insurance for another 3.4 percent decrease to workers’ compensation insurance rates. The decrease is effective for...
Apr 19 2018 // The North Carolina Department of Insurance has reached a settlement with the North Carolina Rate Bureau on homeowner insurance rates that will increase rates statewide by an average of 4.8 percent.The agreement between the...
Apr 13 2018 // Written premium in California workers’ compensation fell slightly last year, the first time that’s happened in seven years, according to a new report out.The Workers’ Compensation Insurance Rating Bureau...
Apr 2 2018 // A typical premium charged by the National Flood Insurance Program is slated to rise about eight percent in the coming year, with the estimated average premium going from $866 to $935.When various surcharges are added, the...
Apr 2 2018 // Nearly one in eight U.S. motorists is driving around uninsured and putting insured drivers at greater risk in the event of an auto accident, according to a study.The study, directed by the Insurance Research Council (IRC)...
Mar 13 2018 // About one in three Nevada motorists, or as many as 600,000 people, could face a 9 percent jump in auto insurance rates this summer when the state raises the basic required minimum levels of bodily injury and property...
Mar 13 2018 // Prices for overall commercial insurance lines in the U.S. inched upward in the fourth quarter of 2017, although workers’ compensation and directors and officers liability prices actually declined and commercial auto...
Mar 5 2018 // Workers’ compensation rates in 2018 will be mixed, with some programs seeing pricing flat to down and others seeing spikes, according to a market prediction from the broker USI.In other words, market trends should...
Mar 5 2018 // All 15 surplus lines service offices across the United States experienced increases in excess and surplus (E&S) lines insurance premium in 2017, the Surplus Lines Stamping Office of Texas (SLTX) reports. U.S. surplus...
Feb 28 2018 // Average global insurance pricing in the fourth quarter of 2017 increased for the first time since Q1 2013, driven largely by global property insurance pricing following the third quarter’s large catastrophe losses,...
Feb 19 2018 // The North Carolina Rate Bureau (NCRB) has requested a statewide average rate increase of 18.9 percent, varying by territory, on dwelling insurance policies, according to a statement from the North Carolina Department of...