Latest Pricing Trends Headlines
All the headlines from our Pricing Trends Topic Page, ordered by recency.
State Farm Announces Rate Decrease for W. Va. Homeowners
Jun 25 2007 // Just weeks after announcing an automobile insurance rate decrease, State Farm Insurance, the largest insurance provider in West Virginia, says it also will lower rates statewide for home insurance. The average West...
Calif. Workers’ Comp Written Premiums Down 17% in Q1
Jun 20 2007 // The Workers Compensation Insurance Rating Bureau of California has released the results of its report summarizing insurer loss and premium experience through March 31, 2007. According to the report: “California...
Calif. State Fund files 11% premium decrease
Jun 18 2007 // California’s State Compensation Insurance Fund announced it filed for an 11 percent average decrease in collectible premium for its July 1, 2007, workers’ compensation insurance rates. The new rates will affect...
Brokers’ stock prices up 8%; 23 M&As posted in April and May
Jun 18 2007 // Stock Prices: Overall, brokers’ stocks have performed well year-to-date, up 8 percent. A strong contributor to the stock price increase is the merger and acquisition premium related to the high prices private equity...
Nevada Doctors Exchange Proposes 15 Percent Rate Reduction
Jun 8 2007 // The Independent Nevada Doctors Insurance Exchange has proposed a 15 percent rate decrease for medical professional liability in Nevada, according to the state’s Insurance Division. If approved by the DOI, the rate...
Consumer Group Challenges Fireman’s Fund’s Calif. Earthquake Rates
Jun 6 2007 // Consumer advocates have filed a challenge to block a proposed 25 percent increase in Fireman’s Fund’s earthquake insurance rates in a move that they say could save each of the company’s earthquake...
Property insurance rate hikes in store for La.
Jun 4 2007 // Louisiana regulators in late May approved property insurance rate hikes of 16 percent to 51 percent for three small companies, with larger increases for homeowners along the coast. The Louisiana Insurance Rating Commission...
La. sees rate decreases in workers’ comp filings
Jun 4 2007 // Workers’ compensation insurance rates are decreasing in Louisiana, according to Commis-sioner of Insurance Jim Donelon. Donelon attributes the positive change to a significant drop in loss costs for...
N.C. department declines to probe malpractice rates
Jun 4 2007 // The North Carolina Insurance Department said it won’t further investigate the state’s largest medical malpractice insurer, saying it disagrees with a trial lawyers’ association report accusing the company...
Mass. workers’ comp rates going down 16.9%
Jun 4 2007 // Workers’ compensation insurers and the state regulator have agreed upon a 16.9 percent average decrease in workers’ compensation rates in Massachusetts starting Sept. 1, 2007. The industry’s...
N.C. department declines to probe malpractice rates
Jun 4 2007 // The North Carolina Insurance Department said it won’t further investigate the state’s largest medical malpractice insurer, saying it disagrees with a trial lawyers’ association report accusing the company...
Property insurance rate hikes in store for La.
Jun 4 2007 // Louisiana regulators in late May approved property insurance rate hikes of 16 percent to 51 percent for three small companies, with larger increases for homeowners along the coast. The Louisiana Insurance Rating Commission...
Calif. State Fund Files 11% Average Premium Decrease
May 30 2007 // California’s State Compensation Insurance Fund announced it filed for an 11 percent average decrease in collectible premium for its July 1, 2007, workers’ compensation insurance rates. The new rates will affect...
La. Regulators Approve Property Insurance Rate Hikes
May 29 2007 // Louisiana regulators have approved property insurance rate hikes of 16 percent to 51 percent for three small companies, with larger increases for homeowners along the coast. The Louisiana Insurance Rating Commission on May...
Workers’ Comp Companies Filing Rate Decreases in La.
May 25 2007 // Louisiana Commissioner of Insurance Jim Donelon announced that rates for workers’ compensation insurance are decreasing, thanks to a large drop in loss costs for insurers. Most workers’ comp carriers in...
Mont. State Fund decreasing premiums 1%
May 21 2007 // The board for Montana’s state workers’ compensation system has authorized a 1 percent decrease in the overall rates paid by policyholders. The State Fund board authorized the decrease, for the coming year. The...
Mont. State Fund decreasing premiums 1%
May 21 2007 // The board for Montana’s state workers’ compensation system has authorized a 1 percent decrease in the overall rates paid by policyholders. The State Fund board authorized the decrease, for the coming year. The...
Swett & Crawford CEO says softening market doesn’t leave out E&S market as an option
May 21 2007 // Whether the market is “soft” or “softening” doesn’t make a difference. There’s still a place for the excess and surplus lines broker in the mix, says Neal Abernathy, CEO of Swett and...
Mass. Workers’ Comp Rates Going Down Again, This Time by 16.9%
May 16 2007 // Workers’ compensation insurers and the state regulator have agreed upon a 16.9 percent average decrease in workers’ compensation rates in Massachusetts starting Sept. 1, 2007. The industry’s...
Texas Auto, Homeowners Rates Still Falling, Insurer Group Says
May 14 2007 // Data released from the Texas Department of Insurance (TDI) shows the state’s average automobile and homeowners rates continue to fall, the Insurance Council of Texas reported. The ICT says rates have been steadily...
