Latest Pricing Trends Headlines
All the headlines from our Pricing Trends Topic Page, ordered by recency.
WV OIC Accepting Input on American Modern’s 47% Auto Rate Increase Request
Nov 3 2025 // The West Virginia Office of the Insurance Commissioner is accepting comments about a proposed 47.38% average increase in auto liability rates filed by American Modern Property and Casualty Insurance Co. About 504...
An Unsustainable Trend – Declining P/C Rates and Rising Cost of Risk: Marsh’s John Doyle
Nov 3 2025 // Property/casualty prices are declining, while the cost of risk continues to rise–a trend that is unsustainable over time, according to John Doyle, president and chief executive officer of Marsh McLennan...
Louisiana Drafting Rules for Up to 30% Premium Discounts for FORTIFIED Homes
Oct 23 2025 // The Louisiana Department of Insurance announced it is in the process of drafting new rules on premium discounts for homes that meet some of the toughest wind-resistant construction standards. A statute approved by...
Global Commercial Insurance Rates Drop 4% in Q3, for 5th Quarterly Decline: Marsh
Oct 23 2025 // Global commercial insurance rates fell, on average, by 4% in the third quarter of 2025, repeating the 4% decline recorded in Q2 2025, according to the latest Global Insurance Market Index published by Marsh, the insurance...
Florida, Alabama Hold Hearings on NCCI Workers’ Comp Rate Decreases
Oct 20 2025 // The National Council on Compensation Insurance is again recommending a reduction in workers’ compensation rates in Florida and Alabama, and regulators in both states have scheduled public hearings about the proposed...
An Unsustainable Trend – Declining P/C Rates and Rising Cost of Risk: Marsh’s Doyle
Oct 17 2025 // Property/casualty prices are declining, while the cost of risk continues to rise – a trend that is unsustainable over time, according to John Doyle, president and chief executive officer of Marsh McLennan...
All Commercial Insurance Lines Except One in ‘Soft-Market Territory’: WTW
Oct 16 2025 // Moment of opportunity. Clear horizons. The latest WTW Marketplace Realities report, published in early October, is heavy on descriptions of a “unique and promising” inflection point for commercial insurance...
Customers Look to Alternatives as Home Insurance Premiums Rise
Oct 6 2025 // Homeowners’ insurance rates are rising at a pace not seen in more than a decade, so more customers are asking why they should stay loyal if they perceive their insurer isn’t reciprocating. According to a recent...
Louisiana Farm Bureau Approved for Double-Digit Auto Rate Decrease
Oct 3 2025 // One of the largest auto insurers in Louisiana is implementing a double-digit rate decrease. Louisiana Insurance Commissioner Tim Temple has approved Louisiana Farm Bureau Casualty Insurance Company’s request for an...
US Commercial Lines Prices Increase 3.8%, Falling From Up 6% in Previous Quarters
Sep 22 2025 // U.S. commercial insurance rates increased 3.8% in the second quarter of 2025, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). WTW said the price increase has been very close to 6% over the...
JD Power: Customers Look to Alternatives as Home Insurance Premiums Rise
Sep 17 2025 // Homeowners insurance rates are rising at a pace not seen in more than a decade, so more customers are asking why they should stay loyal if they perceive their insurer isn’t reciprocating. According to a recent survey...
Workers’ Comp Rate Increase Proposed in Washington
Sep 17 2025 // The Washington State Department of Labor & Industries is proposing a 4.9% increase in the average hourly rate employers and workers pay for workers’ compensation insurance in 2026. L&I says the increase would...
US Commercial Lines Prices Increase 3.8%, Falling From Up 6% in Previous Quarters
Sep 10 2025 // U.S. commercial insurance rates increased 3.8% in the second quarter of 2025, according to the latest WTW Commercial Lines Insurance Pricing Survey (CLIPS). WTW said the price increase has been very close to 6% over the...
NCCI Calls for 6.9% Average Decrease in Florida Workers’ Comp Rates
Sep 8 2025 // Starting in January, workers’ compensation insurance rates for Florida businesses could drop by an average of 7%. The National Council on Compensation Insurance last week recommended an average rate decrease of 6.9%...
How Fast Will the Reinsurance Market Soften?
Sep 8 2025 // A softer reinsurance market will prevail during the Jan. 1 reinsurance renewals. The only question is how much more softening will happen and how fast, leaders of Guy Carpenter said during a recent media briefing. Laurent...
Mercury Seeks 6.9% Rate Increase Based on New Cat Modeling Regulation
Sep 8 2025 // Mercury Insurance submitted a filing based on California’s new regulation enabling catastrophe modeling to be included as a factor in ratemaking. The filing is reportedly the first to use the Verisk Wildfire...
Mercury Seeks 6.9% Rate Increase in Filing Based on New Cat Modeling Regulation
Aug 15 2025 // Mercury Insurance said it has submitted a filing based on California’s new regulation enabling catastrophe modeling to be included as a factor in ratemaking. The filing is reportedly the first to use the Verisk...
Viewpoint: A Workers’ Comp Hard Market Is Coming to California
Aug 11 2025 // Word on the street is that California employers should start expecting higher workers’ compensation rates. California employers have enjoyed a soft workers’ comp market for the last decade, but all indications...
Surplus Lines Sector Shows 13.2% Rise in Premium Mid-Year: WSIA Report
Aug 8 2025 // Surplus lines sector continues to grow with mid-year premium reaching $46.2 billion from the 3.7 million items filed so far in 2025, according to data from U.S. surplus lines service and stamping offices in 15...
California Workers’ Comp Rating Bureau Says Recent Rate Declines Flattened
Aug 5 2025 // Written premium in the first quarter was 4% lower than the same period in 2024, extending a trend in which written premiums in calendar years 2022 through 2024 remained relatively stable compared to large swings during the...
