All the headlines from our Pricing Trends Topic Page, ordered by recency.
Jun 22 2017 // Olso-based Protector Forsikring is the insurer of Grenfell Tower, the residential block that was destroyed last week by a raging fire that killed 79 people.“Based on the information we have as of now, the damage is...
Jun 21 2017 // Homeowners in South Florida, as well as in many other parts of the state, should expect additional rate increases next year from the state-run insurer of last resort.Citizens Board of Governors approved recommended rates...
Jun 20 2017 // California’s 2018 minimum and maximum temporary total disability rates will increase on Jan. 1, 2018, the state’s Division of Workers’ Compensation announced on Tuesday.The minimum TTD rate will increase...
Jun 19 2017 // North Carolina’s insurance regulator says he’s reached a deal with auto insurers for a premium increase of just over 2 percent instead of the nearly 14 percent average increase companies sought in February. The...
Jun 14 2017 // Chief executive officers of property/casualty insurance carriers and insurance brokers called each other out last week for engaging in activities they said are “classic signs of a soft market.”During a session...
Jun 5 2017 // Businesses are buying more cyber insurance and prices for the coverage are stabilizing, according to the latest survey by The Council of Insurance Agents and Brokers.According to the survey of about 100 commercial lines...
Jun 1 2017 // The May IVANS Index shows that for the first time in several months, premium renewal rates in all major commercial insurance lines are in positive territory. Notably, May is the first time in 2017 that workers’...
May 31 2017 // The Hanover Insurance Group Inc., a Worcester, Mass.-based holding company for several property and casualty insurance companies, has elected Michael D. Price to the company’s board of directors, effective July 3....
May 23 2017 // Businesses are buying more cyber insurance and prices for the coverage are stabilizing, according to the latest survey by The Council of Insurance Agents and Brokers.According to the survey of about 100 commercial lines...
May 16 2017 // New York businesses could soon see some slight relief in workers’ compensation premiums, according to an announcement from Gov. Andrew M. Cuomo.The governor’s office released a statement Monday saying that the...
May 15 2017 // Workers’ compensation rates decreased statewide in Louisiana on May 1 by 9.8 percent, marking the fourth year in a row rates have dropped in that state, according to insurance regulators.In January, the Louisiana...
May 3 2017 // Most standard commercial lines products saw an uptick in premiums at renewal in April, with workers’ compensation being the main exception, according to the IVANS Index.Business owners and commercial property...
May 1 2017 // Health insurers seeking regulatory approval for 2018 individual insurance plans can file two sets of premium rates as a way to deal with market uncertainty created by Republicans’ promise to repeal and replace...
May 1 2017 // California’s Workers’ Compensation Insurance Rating Bureau has completed its report on statewide workers’ comp insurer loss and premium experience through Dec. 31, 2016.The major findings of the WCIRB...
Apr 28 2017 // MetLife Inc. Chief Executive Officer Steve Kandarian said industries must be willing to forfeit some of their advantages in the tax code in order for the U.S. to seize a “once-in-a-generation” opportunity to...
Apr 17 2017 // California’s Workers’ Compensation Insurance Rating Bureau has completed its report on statewide workers’ comp insurer loss and premium experience through Dec. 31, 2016. The major findings of the WCIRB...
Apr 17 2017 // Although a slim majority of insurance companies providing architects and engineers professional liability insurance saw their rates stabilize in 2016, nearly one in three experienced modest rate decreases, according to a...
Apr 17 2017 // Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2015, more than $582 billion of DPW was reported. For 2016, total DPW for all P/C insurers...
Apr 17 2017 // The North Carolina Rate Bureau’s request for an auto rate hike of 13.8 percent is not justified based on the data submitted, according to a statement from the North Carolina Department of Insurance.The decision, made...
Apr 11 2017 // U.K. car insurance premiums rose 1.8 percent in the first quarter of 2017, with motorists now paying an average of £781 ($949), which is £110 ($134), or 16 percent, higher than average premiums paid in the same period...