All the headlines from our Pricing Trends Topic Page, ordered by recency.
Dec 5 2011 // Risk and Insurance Management Society’s latest survey found average renewal premium rates rising in three out of the four business lines it tracked. This “strongly suggests” that an eight-year period of...
Dec 5 2011 // The Ohio Bureau of Workers’ Compensation (BWC) introduced a new rating plan that encourages employers to maintain safe workplaces and to work with injured workers to speed their return to work.“Destination:...
Dec 5 2011 // Florida residents in high-value condominium buildings insured by the state-backed insurer could see their premiums rise 19 percent.Rates charged by Citizens Property Insurance Corp. for its commercial residential...
Dec 2 2011 // A new insurance commissioner has allowed State Farm to charge higher rates and deductibles in Texas.State Farm Insurance on Dec. 1 was authorized to switch many of its 1.2 million homeowner policies to a higher deductible....
Dec 2 2011 // Nearly half of the U.S. property insurance policies renewed in the current quarter have been at higher prices, brokerage Marsh said on Friday, adding fuel to an industry turnaround after years of declining rates.Marsh said...
Dec 2 2011 // Swiss Re presented its latest analysis of the global economic outlook and its potential impact on the insurance industry at an economic forum in London yesterday, December 1.Chief Economist Kurt Karl began the discussion...
Nov 23 2011 // A new updated report from insurance broker Lockton concludes that the “prolonged buyer’s market in the executive risks insurance market may be ending.”Lockton’s William Boeck, in the U.S. executive...
Nov 21 2011 // The Ohio Bureau of Workers’ Compensation (BWC) has introduced a new rating plan that encourages employers to maintain safe workplaces and to work with injured workers to speed their return to work.The new rating...
Nov 21 2011 // American International Group said recently its U.S. commercial line rates are increasing at an accelerated pace. A number of other major insurers have offered similar observations in the latest earnings season. “In...
Nov 21 2011 // Louisiana Citizens Property Insurance Corp. plans a 22.1 percent rate increase for its 5,734 commercial policyholders, which could mean an increase of about $700 in the average policy premium. The new rates would take...
Nov 18 2011 // Maine Insurance Superintendent Eric Cioppa said the Bureau of Insurance has approved the National Council on Compensation Insurance’s request to decrease workers’ comp loss costs in the state by an average of...
Nov 17 2011 // Large catastrophe losses and the prospect of poor investment returns are paving the way for much tougher market conditions for commercial property insurance buyers, according to a new reportThe new report — the Lockton...
Nov 17 2011 // The price for non-hospital services in Indiana’s workers’ compensation system in 2010 was the third highest of the 25 states in a study conducted by the Workers Compensation Research Institute (WCRI).The price...
Nov 16 2011 // Risk and Insurance Management Society’s latest survey found average renewal premium rates rising in three out of the four business lines it tracked.This “strongly suggests” that an eight-year period of...
Nov 16 2011 // Florida residents living in high-value condominium buildings insured by the state’s government-run homeowners’ insurer could see their rates increase by 19 percent on average.Citizens Property Insurance Corp.,...
Nov 16 2011 // Florida’s largest property insurer wants sweeping changes — including the ability to charge higher rates — in the coming year.It may be a hard sell during a contentious election year, but the board that governs...
Nov 14 2011 // The board of the Louisiana Citizens Property Insurance Corp. has given final approval to a 22.1 percent rate increase for its 5,734 commercial policyholders, a move that could mean an increase of about $700 in the average...
Nov 7 2011 // Employers in Florida will be paying more for workers’ compensation next year following the state insurance chief’s approval of an 8.9 percent statewide average rate hike.Florida Insurance Commissioner Kevin...
Nov 4 2011 // American International Group said its U.S. commercial line rates are increasing at an accelerated pace. A number of other major insurers have been offering similar observations in this earnings season.“In U.S....
Nov 3 2011 // The Directors of the London-based Steamship Mutual P&I Club “recently reviewed the Club’s open policy years, as well as claims in earlier years, and considered the premium ratings required for the 2012...