Best Read Pricing Trends Headlines
Headlines from our Pricing Trends Topic Page with the most time spent reading.
#1 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...
#2 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...
#3 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...
#4 Will Georgia Gov. Kemp’s Move to Curb Lawsuits Keep Insurance Rates From Rising?
Feb 3 2025 // Georgia Gov. Brian Kemp on Thursday reiterated his simple pitch for lawsuit limits: They’ll halt rising insurance costs. The reality, though, is more complicated. Changes could reduce liability insurance costs for...
#5 Despite IRS Scrutiny, Micro-Captives Growing Like Weeds in Hard Florida Market
Dec 4 2024 // Despite continued uncertainty over the future of federal tax rules on micro-captive insurance companies, the instruments seem to be increasingly popular for small businesses, especially in Florida, where rates for...
#6 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...
#7 Why US Home Insurance Rates Are Rising Fast – Climate Change Plays a Big Role
Sep 26 2024 // Millions of Americans have been watching with growing alarm as their homeowners insurance premiums rise and their coverage shrinks. Nationwide, premiums rose 34% between 2017 and 2023, and they continued to rise in 2024...
#8 ‘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...
#9 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...
#10 Diversification, Risk Modeling Top of Mind for Carriers as Cyber Market Softens
Mar 17 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...
#11 Soft Commercial Market Ahead: Prepare for Underwriter ‘Herd Behavior’
Oct 29 2024 // Executive Summary: During the period 2013 through 2018, the U.S. did not become less litigious nor did Atlantic sea surface temperatures get less warm. Yet rates for U.S. excess liability and Atlantic hurricane both...
#12 The Hartford Net Income Up 35% on Premium Growth
Jul 28 2025 // Net income at The Hartford increased 35% to $990 million in the second quarter 2025 as personal lines returned to profitability compared to the same period a year ago. Q2 property/casualty written premiums increased 8%...
#13 Where Homeowners Rates Are Rising—and Who Is Raising Them Most
Jan 24 2025 // According to a new analysis of homeowners insurance rates, some Midwest states saw the biggest jumps in premiums last year—and American Family Insurance topped a list of 10 insurers ranked by average rate change. The...
#14 State Farm Implements 27% Rate Increase for Illinois Homeowners
Jul 15 2025 // State Farm is implementing a significant rate hike for Illinois homeowners, citing more frequent severe weather events and rising home replacement costs that are driving up the cost and frequency of claims. The rate hike...
#15 US E&S Growth Slowed Again in ’24; Berkshire, AIG Top Premium Rankings
Jun 26 2025 // A recent analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines market slowed to 13.4% in 2024, down from 14.5% a year earlier. While growth stayed up in double...
#16 State Farm Seeking Interim 22% Rate Hike for Homeowners in Wake of LA Wildfires
Feb 3 2025 // State Farm General said on Monday it is asking the California Department of Insurance to immediately approve interim rate increases, including 22% average for homeowners. The carrier, the state’s top homeowners...
#17 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...
#18 Hard Market, High Tech: Agriculture Insurance Adapts
Mar 24 2025 // Faced with heightened climate risks and political uncertainties, insurers writing agribusiness and farm and ranch are deploying data analytics and technology as they grapple with a hard market and the need for greater...
#19 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...
#20 Rate Growth Slows, Moving Violations Increase: The Road Ahead for Auto
Jun 16 2025 // The auto insurance market is shifting gears. Last year, the sector saw premium growth, lower retention rates and improved loss ratios, leading to a softening market and increased profitability. However, it’s a...
