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Mercury Seeks 6.9% Rate Increase in Filing Based on New Cat Modeling Regulation
Aug 15 2025 // Mercury Insurance said it has submitted a filing based on California’s new regulation enabling catastrophe modeling to be included as a factor in ratemaking. The filing is reportedly the first to use the Verisk...
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...
Surplus Lines Sector Shows 13.2% Rise in Premium Mid-Year: WSIA Report
Aug 8 2025 // Surplus lines sector continues to grow with mid-year premium reaching $46.2 billion from the 3.7 million items filed so far in 2025, according to data from U.S. surplus lines service and stamping offices in 15...
California Workers’ Comp Rating Bureau Says Recent Rate Declines Flattened
Aug 5 2025 // Written premium in the first quarter was 4% lower than the same period in 2024, extending a trend in which written premiums in calendar years 2022 through 2024 remained relatively stable compared to large swings during the...
US Tariffs Projected to Slow Global Economy and Insurance Premium Growth: Swiss Re
Aug 4 2025 // Global growth is slowing as U.S. 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...
Renewal Rates in Q2 Tell of ‘Slowly Softening’ Commercial Lines Market, Says Ivans
Aug 4 2025 // Premium renewal rates increased year-over-year for all major commercial lines, except workers’ compensation, according to second-quarter 2025 results of the Ivans Index. The Chicago-based technology provider for...
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