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New York Says Cab, Rideshare Insurance Rates to Rise 25%

Dec 16 2025 // New York officials have told rideshare companies, driver representatives and others in the for-hire vehicle industry that insurance policy rates will rise by an average 25% over the next three years, according to people...

State Farm Files for Auto Rate Decrease, Homeowners Rate Increase in Louisiana

Dec 12 2025 // More than one million State Fam auto insurance policyholders in Louisiana should see a decrease in premiums in 2026, as Insurance Commissioner Tim Temple approved the carrier’s request for a 5.9% average rate...

After Years of Pushing Rate Hikes, Florida’s Citizens Now Wants HO Rate Decrease

Dec 11 2025 // After years of asking for rate increases to help drive consumers to the private market and reduce its exposure, Florida’s Citizens Property Insurance Corp. is now asking for a rare decrease in homeowners’...

Black Sea Shipping Insurance Rates Rise After Ukraine Attacks on Tankers, Sources Say

Dec 2 2025 // The cost of shipping commodities through the Black Sea climbed on Monday after Ukrainian naval drones hit two tankers heading to a Russian port, with fears of further attacks driving up war risk insurance costs, industry...

Washington Workers’ Comp Average Premium Going up 4.9% in 2026

Dec 1 2025 // The average cost of workers’ compensation insurance in Washington is set to rise 4.9% for 2026. The Washington State Department of Labor & Industries announced that employers and workers will pay on average $1.37...

‘Clear’ Soft Market Pricing

Dec 1 2025 // Commercial lines premiums across all account sizes rose by less than 2% on average in the third quarter of 2025–a clear indication of soft market conditions across the board. That’s according to The Council of...

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