All the headlines from our Pricing Trends Topic Page, ordered by recency.
Jun 4 2018 // Nevada state officials are reminding as many as 600,000 vehicle owners they could face auto insurance rate increases July 1, when minimum liability coverage requirements go up.Officials announced earlier that almost one in...
Jun 4 2018 // Delaware’s House Substitute 1 for House Bill 80 (HS 1 for HB 80), signed into law on August 1, 2017, went into effect on May 1 of this year.As a result of the legislation, Delaware consumers with policies through one...
Jun 4 2018 // Workers’ compensation insurers are managing their premiums dollars better than they have in years, but those premium dollars are stagnating even as employment and wages are rising.In 2017, for the fourth consecutive...
Jun 1 2018 // California workers’ compensation covered payroll rose last year, but the average premium rate charged to employers fell 10 percent, so total direct written premium in the system declined by $192 million to $12.77...
May 31 2018 // In a bunker-like room in a gritty suburb of Sao Paulo, retired police colonel Antonio Marin and a dozen employees track the location of hundreds of cargo trucks on a bank of monitors.During his 34 years in Sao Paulo...
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...