All the headlines from our Pricing Trends Topic Page, ordered by recency.
Oct 31 2014 // The Idaho Department of Insurance this week announced Idaho’s overall workers’ compensation premium rates will be reduced by an average of 0.2 percent for 2015. “This slight rate decrease is an indicator...
Oct 24 2014 // Ohio public employers applauded an average 9.1 percent reduction in workers’ compensation rates for local governments that was approved by the Ohio Bureau of Workers’ Compensation (BWC) Board of Directors.The...
Oct 22 2014 // North Carolina’s insurance commissioner on Monday began deciding whether to allow homeowners’ coverage costs to rise by as much as 35 percent even as some insurers demand even higher rates in agreements with...
Oct 21 2014 // Insurers worldwide are going to have to pay up to a record $800 million to cover the damage done by attacks on airplanes this year, driving prices up and drawing rivals into the market.The hefty bill dwarfs the $60-$90...
Oct 20 2014 // Direct premium written (DPW) for property/casualty insurance companies continues to increase, albeit gradually. At year-end 2013, nearly $545 billion of DPW was reported, a record high for the industry. For 2013, total DPW...
Oct 17 2014 // The Delaware Department of Insurance said it has received the Delaware Compensation Rating Bureau’s (DCRB) filing proposing a decrease in both the workers’ compensation voluntary market loss costs and the...
Oct 15 2014 // Florida’s workers’ compensation insurers rating agency says its request for a 3.3 decrease in rates reflects a stable market, although it cautioned that pending court cases could severely impact the...
Oct 15 2014 // Cecil Y. Ray Jr., chairman of AFS/IBEX and former chairman of The Rigg Group, has announced the sale of substantially all of the loan portfolio and related assets of Dallas-based AFS/IBEX Financial Services Inc. –...
Oct 6 2014 // The New York Insurance Association (NYIA) says the percentage of renters buying renters insurance has been falling nationally in recent years even as premiums become more affordable.According to a 2014 Insurance...
Oct 6 2014 // A Missouri consumer group announced that it has sued the U.S. Department of Health and Human Services in the latest effort to obtain information used to justify the rates consumers will pay for insurance on the federally...
Oct 6 2014 // Ohio employers will receive another $1 billion rebate and workers will benefit from a major new investment in worker safety research and training, according to the Ohio Bureau of Workers’ Compensation (BWC).The...
Oct 6 2014 // Two insurance rating entities see slowing rate increases for the surplus lines segment in the coming months as competition grows.Moody’s Investors Service said that the U.S. excess and surplus lines sector is...
Oct 3 2014 // The New Jersey Assembly passed a measure that would make reverse rate evasion an insurance fraud and provide for civil and criminal penalties. The bill, A 2281, passed the state’s Assembly on Monday and is pending in...
Sep 23 2014 // Two insurance rating entities see slowing rate increases for the surplus lines segment in the coming months as competition grows.Moody’s Investors Service said that the U.S. excess and surplus lines sector is...
Sep 22 2014 // Demotech’s review of second quarter 2014 data, as recently reported by insurers to the National Association of Insurance Commissioners, shows that workers’ compensation insurers reported a 5.1 percent increase...
Sep 22 2014 // Texas’ insurance commissioner has allowed the three largest home insurers to impose significant rate hikes on many policyholders despite the objections of a state consumer advocate.Insurance Commissioner Julia...
Sep 21 2014 // Rates for the almost 100,000 commercial property risks insured by Florida’s Citizens Property Insurance Corp. will rise an average 3.3 percent next February.The Florida Office of Insurance Regulation (OIR) has...
Sep 15 2014 // The Texas insurance commissioner has allowed the three largest home insurers to impose significant rate hikes on many policyholders despite the objections of a state consumer advocate.Insurance Commissioner Julia Rathgeber...
Sep 9 2014 // Commercial insurance prices continued to moderate in the 2014 second quarter. This time, they inched up 3 percent in aggregate, versus a 4 percent increase in the first three months of this year, a new Towers Watson survey...
Sep 8 2014 // Florida workers’ compensation writers have recommended a 2.5 percent rate decrease for 2015.The Office of Insurance Regulation has received the filing by the National Council on Compensation Insurance (NCCI), which...