Fitch: US P/C Insurers Hold at Neutral for 2025 December 12, 2024 U.S. property/casualty insurers are positioned favorably heading into 2025, Fitch Ratings forecasted in its annual outlook report. Citing “a strong...
Blacks and Hispanics Pay More for Auto Insurance. Study Tries to Answer Why. November 21, 2024 By Andrew G. Simpson A new study examining potential unintentional bias in auto insurance finds that while Black and Hispanic drivers pay more than...
Tech Update: Aon Updates Its Pricing Platform to Enhance Underwriting Decisions May 10, 2024 Insurance broker Aon plc announced an update to its Pricing Platform that aims to bring enhanced visualization and automation capabilities...
Watchdog Warns Withdrawal of Actuarial Principles Could Harm Consumers April 30, 2021 By Alwyn Scott U.S. regulators should strengthen their oversight of insurers to prevent potential overcharging and discrimination in selling coverage for cars and...
What’s Happening and What Lies Ahead for P/C Insurance Pricing: Moody’s October 30, 2018 The current pricing environment for property/casualty insurers is “modestly positive,” with commercial and personal auto rates rising by mid-to-high single...
The Price of Price Optimization in Insurance November 17, 2015 By Andrea Wells The use of price optimization in insurance pricing is drawing increased attention and could be the next big industry battle....
Florida’s Citizens Votes to Lower Rates Next Year June 26, 2014 The Board of Governors for Florida’s Citizens Property Insurance Corp. approved on Wednesday a 2015 rate package that reflects an...
Some Florida Citizens Customers May See Lower Rates Next Year June 25, 2014 Florida’s largest property insurer may be dropping its rates next year. Citizens Property Insurance is considering rate proposals for 2015...
Northeast PIA Survey Shows Prices Rising, But at Slower Pace February 24, 2014 In the first month of 2014, the PIA affiliates in Connecticut, New Hampshire, New Jersey and New York conducted their...
Keefe, Bruyette & Woods Forecasts ‘Soft Insurance Rate Landing’ December 12, 2013 U.S. property/casualty insurers’ and brokers’ operating earnings are expected to modestly improve in 2014, and the overall insurance rate increases...