All the headlines from our Pricing Trends Topic Page, ordered by recency.
Nov 11 2009 // California’s State Compensation Insurance Fund today announced it has filed a 5 percent rate increase in collectible premium. The revised rate will apply to new and renewal workers’ compensation policies...
Nov 10 2009 // Owners of nearly 420,000 high risk properties in Florida could see their insurance premiums rise next year.State-backed Citizens Property Insurance Corp. has requested an average 7.5 percent hike for homeowners with...
Nov 10 2009 // Private industry workplaces in Texas reported a total of 234,559 nonfatal injuries and illnesses during 2008. The incidence rate of 3.1 cases per 100 equivalent full-time workers marks the sixth consecutive year that the...
Nov 5 2009 // Political risk insurance premiums have risen across emerging markets in the last year, fuelled by rising resource nationalism and unrest linked to the financial crisis as well as a renewed concern over risk amongst...
Nov 3 2009 // The Ohio Bureau of Workers’ Compensation (BWC) has lowered the discount available to employers who participate in a group-rating system. Beginning July 1, 2010, the maximum available discount for businesses in a...
Nov 2 2009 // CNA Financial Corp.’s third quarter 2009 results included net operating income of $331 million and net income of $263 million along with a combined ratio for property/ casualty operations of 101.0%.Net operating...
Nov 1 2009 // A projected 10 percent increase in rates for clients of the Louisiana Citizens Property Insurance Corp. will “probably be less than that,” the company’s CEO John Wortman said. Instead, the average...
Nov 1 2009 // The Texas Department of Insurance has rejected a request from the Texas Windstorm Insurance Association for a 10 percent rate increase for both residential and commercial risks. But regulators left open the possibility...
Oct 30 2009 // Florida’s state-backed and largest property insurer will be allowed to raise its rates for homeowners an average 5.4 percent in 2010.The increase is the first one allowed since lawmakers froze the rates of Citizens...
Oct 23 2009 // A projected 10 percent increase in rates for clients of the Louisiana Citizens Property Insurance Corp. will “probably be less than that,” the chief executive officer of the state’s insurer of last resort...
Oct 22 2009 // Florida insurance regulators are failing in their duties if they don’t make the state-backed Citizens Property Insurance Corp. raise property insurance rates by 10 percent across the board, a business group lobbyist...
Oct 22 2009 // Universal Property and Casualty Insurance Co. (UPCIC) reports it has received approval for a premium rate increase for its homeowners program in Florida. The premium rate increase, which will average approximately 14.6...
Oct 21 2009 // The Texas Department of Insurance has rejected a request from the Texas Windstorm Insurance Association for a 10 percent rate increase for both residential and commercial risks. However, regulators left open the...
Oct 20 2009 // Florida regulatory officials will hold a public hearing Nov. 10 on proposed hikes of between 5 and 10 percent in the premiums charged by Citizens Property Insurance Corp., the state-backed property insurer.If approved, the...
Oct 15 2009 // According to Marsh, the UK’s largest communication and technology firms are continuing to enjoy price reductions on their professional indemnity (PI) insurance during the recession, due to aggressive competition...
Oct 8 2009 // A new report shows a continuing trend of recovery for the medical malpractice industry in Florida that had been experiencing double-digit rate increases and lack of availability prior to legislative reforms enacted in...
Oct 7 2009 // Mississippi Insurance Commissioner Mike Chaney says he will decide soon whether State Farm can boost homeowners’ rates in three coastal counties. Chaney told the editorial board of The Clarion-Ledger newspaper that...
Oct 7 2009 // Iowa Insurance Commissioner Susan Voss has approved a request for a 2.3 percent overall rate increase for workers’ compensation insurance in that state. The filing was submitted by the National Council on...
Sep 24 2009 // A report from the White House says health insurance premiums in Oklahoma have risen twice as much as wages since 1999.The report says the cost of premiums is up by 96 percent while wages rose by 47 percent. The 96 percent...
Sep 23 2009 // The state of Washington yesterday announced higher workers’ compensation insurance premiums for 2010 than earlier forecasted.In June, the state’s Department of Labor and Industries advised the Workers’...