Latest Pricing Trends Headlines
All the headlines from our Pricing Trends Topic Page, ordered by recency.
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...
US Tariffs Projected to Slow Global Economy and Insurance Premium Growth: Swiss Re
Aug 4 2025 // Global growth is slowing as U.S. tariff policy reduces trade and heightens geopolitical uncertainty, which ultimately will lead to decelerating growth in insurance premiums, according to Swiss Re. Global GDP growth...
Renewal Rates in Q2 Tell of ‘Slowly Softening’ Commercial Lines Market, Says Ivans
Aug 4 2025 // Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to second-quarter 2025 results of the Ivans Index. The Chicago-based technology provider for...
This Hard Market Explained
Aug 4 2025 // This hard market is the longest and hardest in generations. Historically, hard markets occurred every seven years or so and lasted two to three years. Agents that sold price and represented carriers who sold price worked...
‘Soft Market Under Stress’ Offers Unique Window of Opportunity for Insurance Buyers
Aug 1 2025 // A buyer-friendly competitive commercial insurance market is likely to be short-lived, according to a new analysis of second-quarter 2025 market conditions from global professional services firm Aon. “This is not a...
Florida OIR Approves 31.5% ‘Catch-up’ Rate Increase for TRUE, Despite Missed Filings
Aug 1 2025 // Florida’s Office of Insurance Regulation this week approved an average 31.5% increase in homeowner rates for Trusted Resource Underwriters Exchange – one of the largest Florida rate hikes in two years – despite...
Texas Auto Insurer for Residual Market Approved for Rate Increase
Jul 30 2025 // The Texas Department of Insurance (TDI) said in a bulletin this month that it has approved private passenger and commercial auto rate increases for the Texas Automobile Insurance Plan Association (TAIPA), the state’s...
Top 5 Auto Insurers File for Average 6% Rate Reduction This Year, Florida OIR Says
Jul 29 2025 // Florida may have had some of the highest property and auto insurance rates in the country in recent years, but so far this year, the largest auto insurers have filed for rate decreases averaging about 6%, regulators...
