All the headlines from our Pricing Trends Topic Page, ordered by recency.
Jul 22 2010 // Decreases in average renewal premiums continued to show up for commercial clients during the second quarter of 2010, according to risk managers.Premium decreases of between 2.5 and 3.8 percent were reported for property,...
Jul 22 2010 // Rates for workers’ compensation insurance continue to decrease in Louisiana based on a recent report from the National Council on Compensation Insurance (NCCI), according to Louisiana Commissioner of Insurance Jim...
Jul 21 2010 // Florida’s property/casualty insurers appear to have adequate reinsurance and capital in place to withstand at least two major storms this season but their overall fate could hinge on whether they are allowed to raise...
Jul 20 2010 // Ohio Department of Insurance Director Mary Jo Hudson announced that the average rates for the state’s top 10 private passenger auto insurers increased 2.8 percent in 2009. The average rates for the state’s top...
Jul 20 2010 // They’re all different — one’s big city; one’s suburban; one’s country; one’s small-to-medium size town. They operate in different parts of the state and have different mixes of business,...
Jul 19 2010 // Under agreements between the Texas Office of Public Insurance Counsel (OPIC), the Texas Department of Insurance, and two subsidiaries of the Hartford Financial Services Group, Texas consumers with homeowner insurance from...
Jul 16 2010 // Law enforcement officials say North Carolina’s crime rate in 2009 was the lowest in a quarter-century. The statistics released by the office of Attorney General Roy Cooper show particlar improvements in violent...
Jul 13 2010 // Allstate Insurance subsidiaries in Florida are seeking rate increases from 18 percent to 33 percent.Castle Key Insurance Co. has filed with the Florida Office of Insurance Regulation (OIR) to increase homeowners rates by...
Jul 9 2010 // Louisiana Workers’ Compensation Corporation (LWCC) announced tthat it will implement an overall rate reduction of 4.1 percent beginning Oct. 1, 2010.This marks the sixth consecutive year that LWCC has reduced overall...
Jul 7 2010 // For 2009, the New York State Insurance Fund reported workers’ compensation premium of $1.31 billion and disability benefits premium of $16.6 million.The competitive fund wrote 41 percent of the state’s...
Jul 7 2010 // The average medical malpractice insurance rate increase for New York doctors this year will be five percent. The increase, which took effect July 1, follows two years of rates freezes.New York State Insurance...
Jul 6 2010 // The median six-month auto insurance rate in Michigan has increased approximately 5.4 percent over the last six months to reach $688, according to online insurance provider InsWeb.InsWeb also reported some findings of...
Jul 2 2010 // Aon Benfield has released its July first “Renewals Update” report, which indicates that “rates continue to decline in all major regions without significant catastrophe loss activity in the last 12...
Jul 2 2010 // Under agreements between the Texas Office of Public Insurance Counsel (OPIC), the Texas Department of Insurance, and two subsidiaries of the Hartford Financial Services Group, Texas consumers that purchase homeowner...
Jul 1 2010 // A New Jersey grand jury has indicted a Burlington County insurance agent for pocketing payments from three clients, according to Attorney General Paula T. Dow.Lee Schaffer, of Marlton, was charged with insurance fraud,...
Jun 30 2010 // In a recently published report Standard & Poor’s Ratings Services said that it believes “underlying underwriting performance in the U.K. non-life insurance industry has come under increasing pressure from...
Jun 24 2010 // U.S. terrorism insurance purchase rates continued to climb in 2009 as companies of all sizes and across all industries continued to buy terrorism coverage, according to a report by global broker Marsh.Sixty-one percent of...
Jun 23 2010 // The good news is that state revenue in Oklahoma is improving. The bad news is that the state’s unemployment rate is increasing.The state Board of Equalization has certified revenue that will be available to pay for...
Jun 21 2010 // Reinsurance pricing at the June 1 Florida renewal are down by 10 percent to 12 percent on average, on a year-over-year risk adjusted basis.That’s according to reinsurance intermediary Guy Carpenter & Co., which...
Jun 15 2010 // West Virginia insurance regulators have put black lung premium increases on hold.The National Council on Compensation Insurance asked Insurance Commissioner Jane Cline’s office in May to increase rates for black lung...