Connecticut has joined the growing number of states that have banned or restricted the practice of “price optimization” in insurance...
insurance rating News
Delaware has issued a bulletin prohibiting the use of price optimization in insurance pricing. The Delaware Department of Insurance said...
Rhode Island’s Insurance Division issued a bulletin on Sept. 18 advising that any personal lines property/casualty insurer that uses price...
The District of Columbia’s Department of Insurance, Securities and Banking (DISB) this week issued a bulletin notifying property/casualty insurers doing...
Maine Insurance Superintendent Eric A. Cioppa stated in a bulletin published Monday that in Maine, personal lines property/casualty insurers that...
Pennsylvania Insurance Commissioner Teresa Miller has issued an official notice warning the state’s insurers that they are prohibited from using...
Vermont regulators issued a bulletin last week addressing the issue of “price optimization” in personal lines ratemaking. The Vermont Department...
The New York Department of Financial Services (DFS) on March 18 sent out letters to hundreds of property/casualty insurers operating...
Insurance Technologies Corporation (ITC), a provider of marketing, rating and management software and services, has expanded its comparative rating system...
Insurance ratings agency A.M. Best Co. said it has downgraded the financial strength rating to C (Weak) from C+ (Marginal)...