All the headlines from our Pricing Trends Topic Page, ordered by recency.
Oct 24 2013 // Louisiana lawmakers are being urged to reach out to their colleagues in other states, to draw more attention to dramatic rate increases in flood insurance costs around the nation. Don Cravins, chief of staff for U.S. Sen....
Oct 24 2013 // Rangel Dockery and her husband bought a waterfront house in Florida four months ago, assuming their $2,000-a-year flood-insurance premium would remain about the same. After reading recently about a change in the federal...
Oct 23 2013 // Florida Insurance Commissioner Kevin McCarty today issued an order notifying the National Council on Compensation Insurance (NCCI) that its 1-percent proposed annual rate filing increase in Florida’s workers’...
Oct 22 2013 // In a report from Baden-Baden, Willis Re, the reinsurance arm of Willis Group Holdings plc, notes that “increased capacity, competition and changing market dynamics have created a buyer’s market for European...
Oct 22 2013 // W.R. Berkley Corp. reported $136.97 million net income for its 2013 third quarter, up 36 percent from $100.95 million income posted during the same period in 2012.For the first nine months of this year, net income came in...
Oct 17 2013 // Aon Benfield’s Analytics’ Market Analysis team has updated its report on Lloyd’s to reflect the latest financial figures for the first half of 2013 and business position going into 2014.Key figures in the...
Oct 11 2013 // With thousands of Florida homeowners facing significant increases in their federal flood insurance premiums, state lawmakers are considering ways to open up the market to private insurers.Industry experts, however, say...
Oct 10 2013 // U.S. publicly-traded clients paid 4.9 percent more on average for their primary directors and officers liability (D&O) coverage in the second quarter, according to global broker Marsh.However, Marsh said, when...
Oct 10 2013 // Progressive Corp., the fourth-largest U.S. auto insurer, said profit dropped 16 percent as investment income declined for a 12th straight quarter.Third-quarter net income decreased to $232.4 million, or 39 cents a share,...
Oct 8 2013 // Florida insurance officials will hold a public hearing tomorrow on State Farm Florida Insurance Co.’s proposed double-digit rate increase for its rental dwelling line of business in the state. State Farm Florida is...
Oct 7 2013 // U.S. businesses buying property/casualty insurance in September saw a five percent rate increase on average, according to the latest index from MarketScout.MarketScout said the composite rate for was up from plus 4 percent...
Oct 7 2013 // As homeowners in the Northeast continue to rebuild nearly one year after Superstorm Sandy, they are now bracing for another obstacle: higher National Flood Insurance Program (NFIP) premiums.In accordance with the...
Oct 2 2013 // A bipartisan proposal to delay federal flood insurance rate hikes that took effect Tuesday is being stymied by a bitter congressional dispute over President Barack Obama’s signature health care law, Sen. Bill Nelson...
Sep 30 2013 // Hundreds of New Jersey flood insurance policyholders will soon be facing higher premiums spurred by sweeping changes to the federal law that will take effect Tuesday.The increases stem from legislation passed in June 2012...
Sep 29 2013 // The Mississippi Department of Insurance has filed a lawsuit against the federal government to try to block rates from increasing Oct. 1 in the National Flood Insurance Program.State Insurance Commissioner Mike Chaney said...
Sep 27 2013 // Massachusetts’ congressional delegation is urging fellow lawmakers in Washington to delay implementation of the Biggert-Waters National Flood Insurance Reform Act provisions. The Massachusetts lawmakers said this...
Sep 27 2013 // “Too much capacity chasing an insufficient amount of premium in both the downstream and upstream energy markets will cause a general softening of the energy market in the remainder of 2013,” according to to...
Sep 25 2013 // The former CEO of a prominent New York City charity who apologized for what he called “mistakes” when he was fired last month has been charged with stealing from the organization.Attorney General Eric...
Sep 23 2013 // Toms River, N..J., homeowner George Kasimos wants to make sure that lawmakers in Washington, D.C., hear the growing concerns of his shore community and other communities across the country.Kasimos started a grassroots...
Sep 23 2013 // Capital Insurance Group (CIG), a regional property and casualty insurer serving the Western U.S., has released three new 2 percent total premium credits for commercial apartment and condominium lines. The Stovetop...