All the headlines from our Pricing Trends Topic Page, ordered by recency.
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...
Jun 28 2012 // Global insurance prices are set to rise for a third consecutive quarter as the industry strives to bolster its finances after paying near-record catastrophe claims last year, insurance broker Marsh said on Thursday.Average...
Jun 26 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...
Jun 22 2012 // On the heels of the decision by the U.S. Federal Reserve to maintain the target fed funds rate at zero to 25 basis points Swiss Re’s Chief Economist, Kurt Karl, commented: “The US economy has been weak...
Jun 19 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...
Jun 18 2012 // Commercial insurance prices in aggregate increased by nearly 5 percent during the first quarter of 2012, the fifth consecutive quarter that prices rose. In addition, commercial insurers’ loss ratios stabilized for...
Jun 11 2012 // Commercial insurance prices in aggregate increased by nearly five percent during the first quarter of 2012, the fifth consecutive quarter that prices rose. In addition, commercial insurers’ loss ratios stabilized for...
Jun 4 2012 // The New York Compensation Insurance Rating Board (NYCIRB) submitted to the Department of Financial Services on May 17 a loss-cost filing for an overall average loss cost change of +11.5 percent. The change in loss cost...
Jun 4 2012 // Massachusetts drivers are starting to see higher auto insurance rates, four years after they tumbled when the state opened the market to more competition. Many of the state’s largest auto insurers have raised rates...
Jun 4 2012 // Homeowners insurance premiums went up 19 percent on average nationwide, according to a report from an online insurance provider.Homeinsurance.com said the typical premium for a new policy in December 2011 was $810...