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Pennsylvania Regulator Has Nixed $200M in P/C Insurance Rate Hikes in First 6 Months

Jul 17 2025 // The Pennsylvania Insurance Department (PID) reported that its actuaries denied $210.1 million in requested property/casualty (P/C) insurance premium increases in the first six months of 2025, which is more than was saved...

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...

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...

MarketScout: Q2 Composite Personal Lines Rates Up 4.6%; Commercial Up 2.8%

Jul 7 2025 // According to the MarketScout Market Barometer, the composite rate for U.S. personal lines increased in the second quarter to 4.6%. U.S. personal lines rose an average 4.9% during the firth quarter. Dallas-based...

US Commercial Lines Prices Up 5.3%, Continue Downward Trend: WTW CLIPS

Jul 7 2025 // U.S. commercial insurance rates went up again in first-quarter 2025, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey (CLIPS). Carriers reported an aggregate price increase of...

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...

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