All the headlines from our Pricing Trends Topic Page, ordered by recency.
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...
Oct 4 2010 // The surplus lines industry continues to experience a decline in direct premiums written (DPW). For a third consecutive year in 2009, the surplus lines industry’s DPW fell 4.1 percent, an improvement over 2008 where...
Sep 28 2010 // The surplus lines industry continues to experience a decline in direct premiums written (DPW). For a third consecutive year in 2009, the surplus lines industry’s DPW fell 4.1 percent, an improvement over 2008 where...
Sep 28 2010 // The Lloyd’s of London insurance market revealed that record claims from disasters including the Chilean earthquake and U.S. oil spill halved its profits, and said it saw no respite from a steady decline in...
Sep 23 2010 // Florida Insurance Commissioner Kevin McCarty has approved a statewide average homeowners insurance rate increase of 10.3 percent for policies written by the state-backed Citizens Property Insurance Corp.Citizens had filed...
Sep 22 2010 // Arkansas’ unemployment rate rose by one-tenth of a percentage point last month to 7.5 percent, the first increase since March. The state Department of Workforce Services says the state’s nonfarm payroll jobs...
Sep 21 2010 // Mississippi Insurance Commissioner Mike Chaney has denied Allstate Property and Casualty Insurance Co.’s requested 44 percent statewide homeowners rate increase.“Based on our internal reviews and that of our...
Sep 20 2010 // At a hearing before the Florida Office of Insurance Regulation, Citizens Property Insurance Corp. officials blamed sinkholes as the major reason the public insurer needs a rate increase.Testifying at the public hearing in...
Sep 17 2010 // U.S. health insurers took in 7 percent more revenue from premiums from individual, group and other policies in 2009 than in the previous year, even as the number of those people with coverage fell, according to a report...
Sep 13 2010 // President Barack Obama’s top health official is vowing “zero tolerance” for insurers that blame premium increases on the new health overhaul law. In a strong letter to the insurance lobby, HHS Sec....