Trending Pricing Trends Headlines

The most viewed headlines from our Pricing Trends Topic Page over the last 30 days.

#1 Soft Commercial Market Ahead: Prepare for Underwriter ‘Herd Behavior’

Oct 29 2024 // Executive Summary: During the period 2013 through 2018, the U.S. did not become less litigious nor did Atlantic sea surface temperatures get less warm. Yet rates for U.S. excess liability and Atlantic hurricane both...

#2 Global Reinsurers’ ROE Jumps to 22% in 2023, but Market Softening Unlikely: AM Best

Nov 1 2024 // AM Best’s population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023 – a five-year high that was driven mainly by favorable investment income and strong underwriting performance. The...

#3 Report: Climate Risks Increasing Insurance Rates and Hurting CRE Returns

Oct 29 2024 // Costly reinsurance, inflation, tough regulations, and increasing weather-related claims are driving up property insurance prices—and in turn, that is impacting commercial real estate returns, valuations, and...

#4 Ivans Index Shows Commercial Lines Renewal Rates Down in October From August

Nov 6 2024 // All major commercial lines premium renewal rates were lower in October than in August, according to the latest monthly Ivans Index.Premium renewal rate change by line of business for October 2024 highlights include:...

#5 Florida OIR Approves 1% Average Workers’ Compensation Rate Decrease

Nov 19 2024 // Florida employers will soon see the smallest decrease in workers’ compensation rates in years – just a 1% reduction from current overall rates in the voluntary market.The Florida Office of Insurance Regulation...

#6 CIAB: All Commercial Lines See Lower Q3 Premium Increases Except Umbrella

Nov 22 2024 // Respondents of a recent survey reported lower premium increases for all lines of business except umbrella during the third quarter.According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey,...

#7 Connecticut Approves 6% Workers’ Compensation Rate Decrease for 2025

Nov 21 2024 // The trend of decreasing rates in Connecticut workers’ compensation insurance will continue as the state’s insurance regulator has approved an industry proposed 6% rate decrease beginning January 1, 2025.The...

#8 Global Non-Life Insurance Rates ‘Plateauing’ but Nat Cat Losses Delay Market Softening

Nov 22 2024 // Global non-life premiums are expected to hit a decade-high growth level of 4.3% in 2024, following the repricing of risk over the past several years in response to elevated claims, according to Swiss Re’s...

#9 The Data Behind Rising Homeowners Premiums: By Peril and By State

Nov 18 2024 // The U.S. home insurance industry has experienced an upward trend in all-peril loss costs over the past seven years, according to a new report released by LexisNexis Risk Solutions. The ninth annual LexisNexis U.S. Home...

#10 Global Reinsurers’ ROE Jumps to 22% in 2023 but Market Softening Unlikely: AM Best

Nov 18 2024 // AM Best’s population of global reinsurance companies posted a return on equity (ROE) of 22% in 2023 — a five-year high that was driven mainly by favorable investment income and strong underwriting performance....