All the headlines from our Pricing Trends Topic Page, ordered by recency.
Aug 14 2012 // Florida regulators are questioning the increases sought by two property insurers that could raise rates on some homeowners by more than 40 percent, even as they reduce their number of policies.Castle Key Insurance Co., is...
Aug 1 2012 // Kansas insurance regulators are complying with part of the federal health insurance reform law that requires more scrutiny of health insurance rate increases above 10 percent at a time when Gov. Sam Brownback’s...
Jul 31 2012 // Officials of Florida’s state policyholders-backed insurer turned away from several controversial plans that would have raised rates on new policies above current policyholder rates and implemented a cap on water...
Jul 31 2012 // Albert Einstein once said “a new type of thinking is essential if mankind is to survive and move toward higher levels.” Or, as it often paraphrased, we cannot solve our problems with the same thinking we used...
Jul 27 2012 // The Chubb Corp. reported $404 million profit for its second quarter, declining 3.6 percent from $419 million reported a year earlier.The results were hampered by weaker investment results and significant catastrophe...
Jul 26 2012 // The upward pricing trends are continuing in the U.S commercial lines, but much more rate increases are still needed to correct the chronic underpricing in the industry, Liberty Mutual CEO David Long remarked.“In U.S....
Jul 26 2012 // Florida regulators are expressing concern over a State Farm Florida proposed statewide average 57.3 percent rate hike in insurance rates for landlords that will result in higher premiums while the insurer continues not to...
Jul 25 2012 // W.R. Berkley Corp. reported $108.8 million for its second-quarter net profit, a 32.4 percent increase compared to the same period one year ago.The Greenwich, Conn.-headquartered insurer also said its profit for the first...
Jul 23 2012 // Through the first quarter 2012, total direct premium written (DPW) for all property/casualty insurers is up 4 percent compared to first quarter 2011. This increase in DPW represents over $4.8 billion in premium growth, of...
Jul 23 2012 // Rate increases in the North American and international reinsurance markets are due to modest losses and poor results – not a hardening market, according to a report from Willis Re.The mid-year renewals report,...
Jul 18 2012 // Executives and the board of governors of Florida’s largest state-back property insurer received a rude reception at a public rate hearing in Miami where they indicated they will consider increasing rates on existing...
Jul 18 2012 // Long term care liability loss rates and claim severity have reached an eight-year high and are expected to grow steadily in 2013 against a backdrop of health care provider budget constraints and uncertainty about health...
Jul 16 2012 // The new president of the state-backed Citizens Property Insurance Corp. meets with the insurer’s governing board for the first time, looking for consensus on finalizing the insurer’s rate request for next...
Jul 12 2012 // A report from the Texas Department of Insurance says that homeowners insurance premiums in Texas have gone up 21 percent since 2009. The report that state Insurance Commissioner Eleanor Kitzman presented to a Senate...
Jul 9 2012 // Some of Vermont’s estimated 3,700 flood insurance customers could see their premiums increase by up to 20 percent. Since Hurricane Katrina in 2005, the National Flood Insurance Program has been operating at a loss...
Jul 3 2012 // Small business owners, farmers and other Ohioans affected by severe weather this weekend might be eligible for interest rate reductions on loans to recover or rebuild from the storm damage. Ohio Treasurer Josh Mandel said...
Jul 3 2012 // “Rate increases in the North American and International reinsurance markets are due to modest losses and poor results – not a hardening market,” according to a newly release report from Willis Re, the...
Jul 2 2012 // Although insurance rates have been drifting upward in recent months, the property/casualty industry is unlikely to see a return to the traditional hard market this year or next, an insurance expert told reinsurance...
Jul 2 2012 // The Consumer Federation of America (CFA) says that most good drivers — those with no accidents or moving violations — who live in moderate-income areas in 15 cities are being quoted what the group maintains are high...
Jun 28 2012 // Florida’s third largest property insurer is seeking a statewide average 14.9 percent increase in property rates as part of a plan to shore-up its fiscal condition while revamping the deductibles and discounts it...