Latest Pricing Trends Headlines
All the headlines from our Pricing Trends Topic Page, ordered by recency.
North Carolina Auto Rates to Rise for Second Time This Year After Agreement
Jun 11 2025 // North Carolina automobile insurance rates are poised to increase statewide by a 5% average this fall as part of an agreement reached between state regulators and the insurance industry. The increase comes six months after...
US Commercial Lines Prices Up 5.3%, Continue Downward Trend: WTW CLIPS
Jun 11 2025 // U.S. commercial insurance rates went up again in the first quarter 2025, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey (CLIPS). Carriers reported an aggregate price increase of...
A Deep Dive: Recommendations on Georgia’s Rising Premiums, Loss Ratios
Jun 9 2025 // Homeowners’ insurance premiums in Georgia cost less than in other states. Neither affordability nor availability have been major concerns in a state with hundreds of licensed insurers. But things changed in 2023-2024...
Workers’ Comp Premiums Fall 3% in 2024; Combined Ratio Holds at 86: NCCI
Jun 2 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...
Captives to Remain Viable as Market Softens
Jun 2 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...
Hard Market, Valuable Research, Public Perception & Antitrust Litigation Pressure Higher Education World
Jun 2 2025 // The U.S. higher education insurance market is as diverse as the academic degrees these institutions offer. But one recent challenge facing the sector is a downturn in public trust that may be contributing to the increased...
State Farm Still Wants a 30% Rate Increase in California
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...
Massachusetts Denies 7.1% Workers’ Comp Rate Hike After 2024 ‘Excessive’ Cut
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...
EU Will Propose to G7 Nations a Reduction in Sanctions Price Cap for Russian Oil
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...
Captives to Remain Viable as Market Softens: RIMS Panel
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...
Diversification, Risk Modeling Top of Mind for Carriers as Cyber Liability Market Softens
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...
Workers’ Comp Premiums Fall 3% in 2024; Combined Ratio Holds at 86: NCCI
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...
Judge Recommends Approving 17% State Farm Rate Hike in California
May 13 2025 // It looks like California’s largest homeowners insurer is getting a large rate increase following billions of dollars in losses from the Los Angeles wildfires and pullback on writing new policies in the...
Texas Legislators Seek Solutions to Rising Home Insurance Rates
May 9 2025 // Texas lawmakers hope to rein in homeowners’ rising insurance bills even as they acknowledge there’s only so much they can do to tackle costs. Legislators have advanced bills to limit how much insurance...
JD Power: Drivers Keep Shopping Even as Auto Insurance Price Increases Slow
May 2 2025 // Even as auto insurance rates level out, drivers are still looking for a better deal. The rate of U.S. auto insurance premium price increases slowed to less than 2% at the end of 2024, down from 13% at the beginning of the...
With Wildfire Suits Looming, Edison Beats Estimates on Lower Expenses, Rate Hikes
Apr 30 2025 // Edison International beat Wall Street estimates for first-quarter profit on Tuesday, as the utility benefited from lower operating and interest expenses and higher rates for its services. Lower interest rates reduce...
MarketScout: Q1 Composite Personal Lines Rates Up 4.9%; Commercial Rates Up 3%
Apr 21 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines kept rising in the first quarter to 4.9%, up from 4% during the prior three-month period. Richard Kerr, CEO of Novatae Risk Group,...
Premium Growth Is Good but Disciplined Growth Is Better: Lloyd’s Execs Say
Apr 21 2025 // Lloyd’s executives said the market has continued to demonstrate its value to stakeholders by delivering 6.5% premium growth while maintaining underwriting discipline. Lloyd’s saw a continuation of positive...
Soft D&O Market May Come to an End as Risk Complexities Rise
Apr 21 2025 // Buyers of directors and officers (D&O) liability insurance have benefited from strong capacity and healthy competition among insurers to see consistent rate decreases at renewal over the last several years. Those days...
MarketScout: Q1 Composite Personal Lines Rates Up 4.9%; Commercial Rates Up 3%
Apr 7 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines kept rising in the first quarter to 4.9%, up from 4% during the prior three-month period. Richard Kerr, CEO of Novatae Risk Group,...
