Latest Pricing Trends Headlines
All the headlines from our Pricing Trends Topic Page, ordered by recency.
Corporate governance, capital drive D&O liability prices down
Feb 25 2007 // Changing corporate governance practices and excess capital in the insurance market have made directors’ and officers’ liability premiums drop in recent years, and rate level erosion in almost every line of...
Premium Growth: A measure for a response to changing needs?
Feb 25 2007 // Virtually all industries respect and demand top line growth. Publicly traded companies, competing for capital, are required to demonstrate an ability to facilitate top line growth. In stark contrast to other industries,...
Top 25 Property/Casualty Companies in Premium Growth
Feb 25 2007 // 12 months ending Sept. 30, 2006, versus Sept. 30, 2005 (000 Omitted) DPW Change DWP DWP DWP $ DWP % Rank Company Name 9/30/2006 9/30/05 Change Change 1 Lexington Insurance...
Ohio Auto and Homeowners’ Rates Decrease in 2006
Feb 15 2007 // The Ohio Department of Insurance recently announced that the average rates for the state’s top 10 auto and homeowners insurers – which represent 72 percent of both markets – decreased 1.2 percent and 0.8...
Industry forecast predicts slower premium growth in 2007 and 2008
Feb 12 2007 // Despite slow-down, industry still anticipates underwriting profits Most insurance industry analysts predict slower P/C premium growth for 2007, according to an Insurance Information Institute’s annual survey of Wall...
Industry forecast predicts slower premium growth in 2007 and 2008
Feb 11 2007 // News Currents Most insurance industry analysts predict slower P/C premium growth for 2007, according to an Insurance Information Institute’s annual survey of Wall Street stock analysts and industry professionals...
First Premium Insurance Group Adds DePascual as Marketing Rep.
Feb 8 2007 // Covington, La.-based First Premium Insurance Group Inc., a growing regional property and casualty insurance broker, announced the addition of its newest team member, Crystal DePascual. DePascual joined First...
Industry Forecast Predicts Slower Premium Growth, But Underwriting Profit in 2007 and 2008
Feb 5 2007 // Most insurance industry analysts predict slower P/C premium growth for 2007, according to an Insurance Information Institute’s annual survey of Wall Street stock analysts and industry professionals released each year...
Mich. Auto Insurance Rates Fall in 2006
Feb 5 2007 // Auto insurance rates offered by the state’s top ten insurance companies dropped an average of 2 percent last year, according to the Insurance Institute of Michigan. “Michigan has hundreds of insurance companies...
Calif. Permanently Disabled Return-to-Work Rates Up 5%
Feb 1 2007 // California’s Division of Workers’ Compensation (DWC) has released return-to-work rate information on permanently disabled workers that shows a more than five percent average increase in return-to-work rates for...
Corporate Governance, Capital Drive D&O Liability Prices Down
Jan 30 2007 // Changing corporate governance practices and excess capital in the insurance market have made directors and officers (D&O) liability premiums drop in recent years, according to Advisen Ltd., a provider of analytics,...
ProMutual Plans No Rate Increase in 2007 for Mass. Physicians
Jan 29 2007 // Medical Professional Mutual Insurance Co. (ProMutual) will not increase its rates for physicians, surgeons, dentists and certified nurse midwives in Massachusetts for 2007. If the proposed rates are approved, the company...
Fla. Homeowner Rates may now Edge Texas, Insurer Group Says
Jan 29 2007 // Texas may no longer have the highest homeowner insurance rates in the country, according to the Insurance Council of Texas. For the second year in a row, both homeowners and automobile insurance premiums in Texas have...
Survey: Commercial Prices Continue Declining in Non-Catastrophe Areas
Jan 24 2007 // Commercial insurance premiums continued their decline in all but catastrophe-exposed areas during the fourth quarter of 2006, with insurers willing to lower prices and place fewer restrictions on coverage to get new...
Reinsurance rates falling or flat, Willis reports
Jan 8 2007 // Reinsurance rates for the property/casualty industry are falling or flat, except for insurers with major property wind exposure along the Gulf and East Coasts, where rates are still rising. That is one key finding from an...
Drunk driving death rates decline in 23 states
Jan 8 2007 // Drunken-driving deaths declined slightly across the nation in 2005, and the rate of drunken-driving deaths fell in 23 states, according to transportation officials. The National Highway Traffic Safety Administration...
Reinsurance rates falling or flat, Willis reports
Jan 7 2007 // Reinsurance rates for the property/casualty industry are falling or flat, except for insurers with major property wind exposure along the Gulf and East Coasts, where rates are still rising. That is one key finding from an...
Drunk driving death rates decline in 23 states
Jan 7 2007 // Drunken-driving deaths declined slightly across the nation in 2005, and the rate of drunken-driving deaths fell in 23 states, according to transportation officials. The National Highway Traffic Safety Administration...
Reinsurance Rates Falling or Flat, Except on U.S. Wind Exposures, Willis Reports
Jan 2 2007 // Reinsurance rates for the property casualty industry are falling or flat, except for insurers with major property wind exposure along the Gulf and East Coasts in the U.S., whose rates are still rising. That is one key...
La. Reports Stable Unemployment Rate; Strong Nonfarm Job Growth
Jan 2 2007 // Louisiana gained 1,400 nonfarm jobs in November 2006 and 59,900 jobs over the year, according to the Louisiana Department of Labor. The November 2006 nonfarm job gains were repeated in every Metropolitan Statistical Area...
