All the headlines from our Pricing Trends Topic Page, ordered by recency.
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’...
Sep 16 2009 // Southern California home sales rose for the 11th consecutive month in May as sales of $500,000-plus homes started to come back, according to the real-estate research company MDA Dataquick.The median price paid increased...
Sep 14 2009 // A new survey by Willis concludes that “the commercial sector continues to resist the sharp rate increases for Directors & Officers insurance seen in the financial institutions sector, with the average premium...
Sep 14 2009 // Insurance rates are going up for many Alabama homeowners.Officials with three of the four companies that insure the most homes in Alabama say that they are raising rates. The company that sells the most homeowners...
Sep 14 2009 // Policyholders of Louisiana’s state-backed property insurance company will see an average statewide rate increase of about 10 percent next year, under a proposal preliminarily approved by the firm’s board on...
Sep 14 2009 // Homeowner insurance premiums in Arkansas are expected to rise this year by an average of 10 percent as the industry works to rebound from 2008’s dual blows of foul weather and nasty financial markets.The Arkansas...
Sep 9 2009 // Massachusetts Insurance Commissioner Nonnie Burnes has laid out what she sees as the “fair” range of auto insurance premium increases for those drivers insured through the state’s residual market.In a...
Sep 7 2009 // As I write this article, the unemployment rate in the United States was reported to be 9.4 percent as of the end of July. Gross Domestic Product (GDP) was reported to shrink by 1 percent in the second quarter of 2009....
Sep 7 2009 // Prices for workers’ compensation insurance in the United States declined in 2008 and, in general, that trend is likely to continue in throughout 2009, according to the National Council on Compensation Insurance...
Aug 26 2009 // According to figures released by Marsh “insurance premium rate reductions slowed for property and casualty business across Europe, the Middle East and Africa in the first half of 2009.”Marsh also concluded that...