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Rising US Auto Insurance Rates Are Disproportionately Hurting Classic Car Owners:

Jan 8 2025 // The Meteoric Rise in U.S. Auto Insurance Rates is Being Subsidized by Collector Car Owners According to Classic & Collector Insurer OpenRoad Standard auto insurers continue their efforts to recover from the...

MarketScout: 2024 Composite Personal Lines Rates Up 5.8%; Commercial Rates Up 3.8%

Jan 7 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased about 5.8% in 2024 — the highest yearly jump in a dozen years.For the last quarter of 2024, the composite rate went up...

Global Property Catastrophe Rates-on-Line Down 6.6% During Renewals: Guy Carpenter

Jan 6 2025 // Guy Carpenter reports that average global and regional property catastrophe rates-on-line decreased during the January 2025 renewals in amounts ranging from 5.3% to 7.2%.Guy Carpenter defines rate on line (ROL) as the cost...

Loss-Free Property Cat Rates Fall 5%-15% as Reinsurer Appetite Grows: Guy Carpenter

Dec 30 2024 // Global reinsurers’ appetite rose for property catastrophe during the upcoming January renewals, which have seen risk-adjusted reinsurance rate reductions of 5%-15% for loss-free accounts, according to a renewal...

European Insurers’ Fundamentals Resilient to Moderating Premium Rates, Falling Yields

Dec 19 2024 // European insurers are approaching the new year from a position of strength, having benefited from supportive interest rates and pricing cycles over the past two years. However, 2025 is expected to present more challenges,...

Massachusetts Weighs Workers’ Comp Rate Hike to Correct for ‘Excessive’ 2024 Cut

Dec 18 2024 // Massachusetts workers’ compensation insurers have filed for a 7.1% increase in average rates for industrial classes beginning July 1, 2025 — the first rate increase since 2016.Why an increase in 2025? According to...

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