Latest Pricing Trends Headlines
All the headlines from our Pricing Trends Topic Page, ordered by recency.
California State Compensation Insurance Fund files average 10 percent premium decrease
Jun 19 2006 // California’s State Compensation Insurance Fund filed its sixth consecutive rate reduction, reflecting an average collectible premium decrease of 10 percent on new and renewal workers’ compensation policies with...
Study: Tort reforms reduce medical malpractice premiums
Jun 19 2006 // Tort reforms are the best proven instrument for reducing medical liability insurance premium growth, according to a new study conducted by Stanford University Professor Daniel P. Kessler, who also serves as a research...
Car Crash Death Rate for Seniors, Already High, Expected to Rise
Jun 15 2006 // A study co-authored by a University of Virginia professor suggests that seniors citizens will die in car accidents at a higher rate in the years ahead as America’s 75 million baby boomers age, grow more frail and...
Hartwig predicts profitable 2006, premium growth grinding to a halt
Jun 5 2006 // The last 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is quite good overall, Robert P. Hartwig, Insurance Information Institute senior vice president and chief economist said...
TDI: ALLSTATE MUST REDUCE RATES, REFUND CUSTOMERS
Jun 5 2006 // In late May Texas Insurance Commissioner Mike Gees-lin signed an order requiring Allstate Texas Lloyds to reduce rates for all Texas policyholders by 5 percent and to refund to policyholders the amount overcharged since...
HARTWIG PREDICTS PROFITABLE 2006, SEES PREMIUM GROWTH GRINDING TO A HALT
Jun 5 2006 // The last 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is good overall, Robert P. Hartwig, Insurance Information Institute senior vice president and chief economist, said during...
Hartwig predicts profitable 2006, sees premium growth grinding to a halt
Jun 5 2006 // The last 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is quite good in the industry overall, Robert P. Hartwig, Insurance Information Institute senior vice president and chief...
Hartwig predicts profitable 2006, premium growth grinding to a halt
Jun 5 2006 // The last 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is quite good overall, Robert P. Hartwig, Insurance Information Institute senior vice president and chief economist said...
Hartwig predicts profitable 2006, sees premium growth grinding to a halt
Jun 5 2006 // The last 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is good overall, Robert P. Hartwig, Insurance Information Institute senior vice president and chief economist, said during...
Hartwig predicts profitable 2006, premium growth grinding to halt
Jun 5 2006 // The past 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is quite good overall, Robert P. Hartwig, Insurance Information Institute senior vice president and chief economist said...
Hartwig Predicts Profitable 2006, Premium Growth Grinding to Halt
Jun 5 2006 // The past 24 months have been traumatic for the insurance industry, but the profit picture for 2006 is quite good overall, Robert P. Hartwig, Insurance Information Institute senior vice president and chief economist said...
Cape Cod Home Rates Continue to Rise; Another Insurer Exits
Jun 4 2006 // Cape Cod homeowners who kept their policies even after some major insurance companies pulled out of the region are now facing rate hikes of as much as 200 percent from insurers still serving the area. At least four...
California State Fund Files Average 10 Percent Premium Decrease
Jun 2 2006 // California’s State Compensation Insurance Fund filed its sixth consecutive rate reduction, reflecting an average collectible premium decrease of 10 percent on new and renewal workers’ compensation policies with...
New Ark. Workers’ Comp Rates Show Overall Decline
Jun 1 2006 // Arkansas Insurance Commissioner Julie Benafield Bowman announced new, lower-on-average, workers’ compensation rates, which will become effective July 1, 2006. “While the decrease is moderate, we are pleased to...
Hanover Insurance Group Rates Positive Outlook, Say S&P
Jun 1 2006 // Standard & Poor’s Ratings Services has revised its outlook on Hanover Insurance Group Inc. and its operating company subsidiaries to positive from stable. At the same time, Standard & Poor’s affirmed...
Texas Windstorm Association to Increase Rates
May 30 2006 // Texas Insurance Commissioner Mike Geeslin on May 26 signed a Commissioner’s Order allowing the Texas Windstorm Insurance Association (TWIA) to increase rates for residential homeowners’ wind coverage by 3.1...
Dale Sets Public Hearing on Proposed Miss. Windpool Rate Increase
May 25 2006 // Insurance Commissioner George Dale has scheduled for June 5 a public hearing in Jackson, Miss. on a proposed rate increase by the Mississippi Windstorm Underwriting Association, which provides coverage for high-risk homes...
Statewide 16.1 Percent Rate Hike Approved for Citizens
May 22 2006 // An order approving a Citizens Property Insurance Corp.’s request for a rate hike has been approved by Florida Insurance Commissioner Kevin McCarty, and will result in a combined average rate increases for...
Florida OKs Citizens Rate Increase of 16 Percent on Average
May 22 2006 // Florida residents whose homes are insured by Citizens Property Insurance will see their premiums go up by about 16 percent on average this year, although for some coastal residents the increase will be much higher. State...
Getting tough in a soft market
May 22 2006 // We waited many years for a hard insurance market to get here, and it appears that to a large extent it is already over. While rates and premiums still appear to be at adequate levels, most lines of business appear to have...
