All the headlines from our Pricing Trends Topic Page, ordered by recency.
Dec 10 2010 // U.S. life/health industry’s nine-month net premiums written rose 2.6 percent to $424.2 billion, reflecting the first increase since year-end 2008, according to a new report.In its nine-month financial review of the...
Dec 9 2010 // The standard minimum unemployment insurance (UI) tax rate paid by Texas employers in calendar year (CY) 2011 will be 0.78 percent, up from 0.72 percent in CY 2010, the Texas Workforce Commission (TWC) announced.The taxes...
Dec 7 2010 // Florida officials will hold a hearing today on a proposed statewide average home insurance rate hike of 39.3 rate increase for First Home Insurance Co., a Florida domiciled insurance company based in Maitland,...
Dec 5 2010 // Farmers Insurance has filed for a 3.9 percent rate increase for homeowners insurance coverage in Texas. The Dallas Morning News reports that Farmers’ filing with the Texas Department of Insurance will affect about...
Nov 29 2010 // Farmers Insurance has filed for a 3.9 percent rate increase for homeowners policies in Texas.The Dallas Morning News reports that Farmers’ filing with the Texas Department of Insurance will affect about half the...
Nov 18 2010 // The U.S. property and casualty industry continued to experience modest growth in premiums written while essentially breaking even on underwriting with a calendar year combined ratio of approximately 100 percent, according...
Nov 18 2010 // An Ingham County Circuit judge has stopped Blue Cross Blue Shield of Michigan from implementing rate increases as high as 66 percent for some seniors.Tuesday’s preliminary injunction also requires a public meeting be...
Nov 17 2010 // Soft U.S. commercial insurance market conditions are expected to persist through the fourth quarter of 2010, according to preliminary rate information published by Marsh.So far in the fourth quarter, Marsh said its clients...
Nov 16 2010 // Private industry workplaces in Texas reported a total of 213,507 nonfatal injuries and illnesses during 2009. The incidence rate of 2.9 cases per 100 equivalent full-time employees is 6 percent lower than in 2008, when the...
Nov 16 2010 // Florida insurance regulators today will review proposed rate increases for one of the state’s largest property insurers.Florida Peninsula Insurance Co., ranked seventh largest property insurer, is seeking rate...
Nov 10 2010 // Allstate Property and Casualty Insurance Co. wants a public hearing on the Mississippi Insurance Commissioner Mike Chaney’s denial of its request for a 44 percent home insurance rate hike.The company also wants...
Nov 9 2010 // Insurance rates for high-risk drivers insured through the Texas Automobile Insurance Plan Association (TAIPA) will decrease overall by 7.6 percent from 2010 rates effective Jan. 1, 2011. According to TAIPA, Texas Insurance...
Nov 1 2010 // Soft commercial insurance market conditions persisted through the third quarter of 2010, with lower rates on average across major coverage lines, according to a new report from broker Marsh.Intense competition and...
Oct 15 2010 // Florida workers’ compensation insurers have been given the green light to raise rates an average 7.8 percent starting Jan. 1, 2011.Florida Insurance Commissioner Kevin McCarty has told the insurers’ rating...
Oct 14 2010 // Soft commercial insurance market conditions persisted through the third quarter of 2010, with lower rates on average across major coverage lines, according to a new report from broker Marsh.Intense competition and...
Oct 12 2010 // Florida Insurance Commissioner Kevin McCarty has approved additional rate increases for state-backed Citizens Property Insurance Corp. The latest round affects condominium associations, commercial buildings, rental...
Oct 6 2010 // A special report from A.M. Best concludes that the UK non-life market will “remain tough this year, with insurers facing diminishing prior-year reserve redundancies, low investment returns and the uncertain effects...
Oct 5 2010 // Workers’ compensation insurers in Florida will be asked to explain their request for an average 8.3 percent rate hike today before the Florida Office of Insurance Regulation (OIR).The OIR is holding a public hearing...
Oct 4 2010 // The September 11th tragedy and the ensuing global economic and travel downturn made the years 2001-2004 some of the worst in the history for the travel insurance industry.Through this turbulent period, John Noel was able...
Oct 4 2010 // Florida Insurance Commissioner Kevin McCarty has approved a statewide average homeowners insurance rate increase of 10.3 percent for policies written by state-backed Citizens Property Insurance Corp. The actual rate...