Most Popular Pricing Trends Headlines This Year
The most viewed headlines from our Pricing Trends Topic Page over the last year.
#1 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...
#2 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...
#3 The Data Behind Rising Homeowners Premiums: By Peril and By State
Oct 24 2024 // The U.S. home insurance industry has experienced an upward trend in all-peril loss costs over the past seven years, according to a new report released by LexisNexis Risk Solutions. The ninth annual LexisNexis U.S. Home...
#4 Update: Milton’s 152,000 Claims So Far Mean New Pressure on Reinsurance, Rate Hikes
Oct 15 2024 // Property Insurance claims from Hurricane Milton had topped more than 152,180 by Tuesday, with some $1.9 billion in estimated insured losses. That’s already more than the claims and losses reported for Helene, which...
#5 Marsh: US Commercial Insurance Rates Up 3% on Hikes in Casualty
Oct 24 2024 // Commercial insurance rates during the third quarter in the U.S. increased 3%, with casualty rates up 10%. According to Marsh’s Global Insurance Market Index — which noted the first decline in global commercial...
#6 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...
#7 US Tariffs Projected to Slow Global Economy and Insurance Premium Growth: Swiss Re
Jul 9 2025 // Global growth is slowing as US 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 (adjusted...
#8 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...
#9 JD Power: Drivers Keep Shopping Even as Auto Insurance Price Increases Slow
May 2 2025 // Even as auto insurance rates level out, drivers are still looking for a better deal. The rate of U.S. auto insurance premium price increases slowed to less than 2% at the end of 2024, down from 13% at the beginning of the...
#10 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...
#11 GM, Ford Fall on Trump Tariffs Seen Adding $3,000 to Car Prices
Nov 27 2024 // Shares of US automakers tumbled on worries that a new round of tariffs imposed by President-elect Donald Trump will cause sticker prices to soar even further. Trump said that he would impose additional 10% levies on goods...
#12 Slower Growth but Surplus Lines Premiums Still Up 12% in 2024
Feb 6 2025 // The excess and surplus lines market continued to grow in 2024, with premium reaching more than $81 billion, according to annual reports from 15 state stamping offices released by the Wholesale & Specialty Insurance...
#13 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...
#14 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...
#15 AM Best Concerned D&O Prices ‘Fell Too Far, Too Quickly’
Mar 3 2025 // Insurance industry rating analysts from AM Best warn recent softer pricing for directors and officers coverage could begin to affect insurers’ underwriting results. AM Best noted renewal premium for monoline D&O...
#16 5 Ways to Prepare for the End of the Hard Market
Dec 2 2024 // For a long time, the hard market has made it difficult for agents to offer their clients the coverage they want at affordable prices — assuming coverage was available at all. Now, there are signs that this is...
#17 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...
#18 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...
#19 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...
#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...
