All the headlines from our Pricing Trends Topic Page, ordered by recency.
Jul 27 2011 // Florida’s largest insurer of homes and businesses, state-backed Citizens Property Insurance Corp., will ask its board to approve a sizable premium increase — 400 percent– for providing coverage on...
Jul 22 2011 // BOISE, Idaho (AP) _ The federal government will assume the responsibility of reviewing increases of 10 percent or more in health insurance premiums proposed by private Idaho insurance companies starting later this fall.The...
Jul 19 2011 // In response to the recent enactment of the Illinois workers’ compensation reform measure, House Bill 1698, workers’ compensation insurance database manager National Council on Compensation Insurance Inc. filed...
Jul 18 2011 // Florida property owners who purchased coverage from the state’s run property insurer have seen their premiums increase by an average $476 as a result of the insuring inspecting their property.Citizens Property...
Jul 8 2011 // UK and Lloyd’s insurer Amlin plc held a presentation for analysts today focused on updating its catastrophe estimates.Amlin estimated that net claims from the two major U.S. tornadoes during April and May 2011 were...
Jul 8 2011 // The Ohio Bureau of Workers’ Compensation (BWC) has reduced its rates for marine industry employers by 20 percent, effective July 1, the BWC said. The change lowers the rates for employers conducting business on Ohio...
Jul 6 2011 // A new study in Swiss Re’s sigma series concluded that the global insurance industry has returned to a pattern of growth. The study – World insurance in 2010 – reveals growth in global premium volume and...
Jul 4 2011 // An increase in claims from cargo theft and freight physical damage is expected to lead to higher insurance rates in the commercial auto class, a welcome development for some insurers after years of prices going...
Jul 1 2011 // Spain’s MAPFRE has published its 7th annual survey of Europe’s non-life insurers, ranking them by gross premiums written. The survey found that “all the companies achieved an increase in premium revenues...
Jun 22 2011 // State Farm Fire & Casualty Co., Louisiana’s largest insurer of homes, is asking state insurance regulators for permission to boost premiums by an average 8.5 percent.In a filing released by the state insurance...
Jun 20 2011 // California workers’ compensation total temporary disability (TTD) rates are likely to rise, thanks to new U.S. Department of Labor data that shows California’s State Average Weekly Wage (SAWW) rose more than...
Jun 20 2011 // Commercial insurance prices were relatively flat for the ninth consecutive quarter, and new data confirm the deterioration of loss ratios in accident-year 2010.Price reductions continued for commercial property and...
Jun 17 2011 // As predicted by the California Workers’ Compensation Institute, the temporary total disability rate in California for 2012 will increase to $1010.50. The state Division of Workers’ Compensation announced the...
Jun 13 2011 // Commercial insurance prices were relatively flat for the ninth consecutive quarter, and new data confirm the deterioration of loss ratios in accident-year 2010.Price reductions continued for commercial property and...
Jun 8 2011 // New U.S. Department of Labor data shows California’s State Average Weekly Wage (SAWW) rose more than 2.4% from $979.90 to $1003.55 in the 12 months ending March 31, 2011, which the California Workers’...
Jun 6 2011 // Massachusetts Attorney General Martha Coakley claims insurers have overcharged commercial auto customers by a combined $1 billion over the last seven years and has asked the state’s insurance commissioner to force...
Jun 1 2011 // USAA is reducing insurance rates for most of its California policyholders an average of 14.9 percent, the California Department of Insurance announced, noting it had approved the rate filing.“This is good news for...
May 31 2011 // Property/casualty insurance premiums written in Arizona have declined in 2009 to $7.6 billion, down from $8.1 billion in 2008, according to a recent economic impact report.According to the Arizona Insurance Council, which...
May 26 2011 // Property and casualty insurers craving respite from a long-running drop in prices are eyeing the start of the U.S. hurricane season next week in the hope that summer windstorms will finally turn the market.The June 1 to...
May 25 2011 // For the first time in four years, South Carolina residents living along the state’s coastline are going to have to pay more for insurance.The South Carolina Department of Insurance has approved a statewide average...