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May 21 2025 // State Farm isn’t done seeking a rate increase in California, upping its request a week after getting the OK for a large rate hike to what the company had originally wanted before being rejected and agreeing to an...
May 20 2025 // Massachusetts Insurance Commissioner Michael Caljouw has rejected an industry proposal to raise workers’ compensation rates by 7.1%.As a result, existing rates, which reflect a 14.6% decrease ordered last July, will...
May 20 2025 // The EU will propose to G7 finance ministers this week to lower the current $60 per barrel price cap on Russian seaborne oil as part of the new sanctions package against Moscow, European Economic Commissioner Valdis...
May 19 2025 // As commercial property insurance rates moderate, the value and relevance of captive insurance companies isn’t expected to fade away.A panel of experts discussed the state and evolution of the captive sphere during a...
May 19 2025 // As cyber insurance rates have begun to stabilize, insurance carriers are seeking more diversification to fuel their underwriting and growth strategies, according to panelists at this year’s PLUS Cyber Symposium in...
May 15 2025 // Workers’ compensation remained a healthy and profitable line in 2024 but claims severity grew with an increase of 6% for medical claim severity and 6% for indemnity claim severity.That’s according to the...
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