All the headlines from our Pricing Trends Topic Page, ordered by recency.
Aug 5 2014 // State Auto Financial Corp. reported net income for the second quarter 2014 that was nearly 50 percent less than its net income for the same period in 2012, while net written premium increased in Q2 2014 compared with Q2...
Aug 5 2014 // Independent insurance agents and brokers reported median organic growth of 5.8 percent for the second quarter of 2014, a weakening from 6.2 percent for the first quarter of 2014 and 6.9 percent for the second quarter of...
Aug 1 2014 // Illinois Gov. Pat Quinn says the state’s workers’ compensation insurance rates will drop 5.5 percent next year.Quinn announced the cut in rates is being recommended by the National Council on Compensation...
Jul 29 2014 // Auto insurance rates that fell sharply after deregulation in Massachusetts are climbing again.The Boston Globe reports that five years after Massachusetts began to allow insurers to set their own rates, the average premium...
Jul 29 2014 // Standard & Poor’s Ratings Services will publish its annual “Global Reinsurance Highlights” publication to coincide with the 2014 Reinsurance Rendez-Vous in September. S&P said the report would...
Jul 21 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...
Jul 21 2014 // Lieutenant Governor and Department of Insurance Director Mary Taylor says Ohio’s average auto and homeowner’s rate remain among the lowest in the country despite increases taken in the past two years.In 2013,...
Jul 10 2014 // Lieutenant Governor and Department of Insurance Director Mary Taylor says Ohio’s average auto and homeowners insurance rates remain among the lowest in the country despite recent increases.In 2013, the average rate...
Jun 27 2014 // Most people buying their own health insurance in Michigan could see near double-digit premium increases next year.State insurance regulators said that dominant insurers Blue Care Network and Blue Cross Blue Shield want to...
Jun 25 2014 // Home and business owners served by the Beaver Lake and Rock Hill volunteer fire departments in Lamar County, Mississippi, could see their fire insurance premium payments fall as much as 35 percent to 45 percent.The...
Jun 24 2014 // Officials say only a small number of Minot, N.D., residents have been forced to pay higher premiums for flood insurance, despite a devastating flood three years ago that wiped out most of the city.Multiple claims on a...
Jun 19 2014 // Crime in Maine dropped 9.1 percent last year, a steep drop from the previous year and the biggest decline in 20 years, Maine Department of Public Safety Commissioner John Morris said Tuesday.The commissioner, joined by...
Jun 16 2014 // Mass. Insurance commisioner Joseph MurphyMassachusetts Commissioner of Insurance Joseph G. Murphy announced on June 9 his decision rejecting the Massachusetts Property Insurance Underwriting Association’s...
Jun 10 2014 // Commercial insurance prices increased by 4 percent in aggregate during the first quarter of 2014, marking the lowest level of growth since fourth-quarter 2011, according to a new survey by Towers Watson. The increase is a...
Jun 9 2014 // Massachusetts Commissioner of Insurance Joseph G. Murphy announced Monday his decision rejecting the Massachusetts Property Insurance Underwriting Association’s (“FAIR Plan”) request to increase its...
May 29 2014 // ING Groep NV will try to execute Europe’s biggest initial public offering this year even as investor demand declines and competing share sales increase.The largest Dutch financial-services company is seeking to value...
May 29 2014 // A slide in reinsurance rates under competition from catastrophe bonds is starting to weigh on prices that companies like Zurich Insurance Group AG charge their own customers.The decline in the cost of reinsurance is...
May 22 2014 // Ohio private employers will again benefit from lower overall workers’ compensation base-rates with a 6.3 percent reduction that will take effect July 1, the Ohio Bureau of Workers’ Compensation (BWC)...
May 19 2014 // For years, directors and officers, and entity coverage for privately held firms was one of the best deals going, with broad coverage, cheap pricing and low retentions.Over the past several years, market capacity suppressed...
May 12 2014 // Nationwide reported total operating revenue of $6.1 billion for the first three months of 2014, up 5 percent over the same period last year and steady compared to fourth quarter 2013.First quarter operating earnings were...