North Carolina Commissioner Lands on 8% Rate Increase for Dwelling Policies June 10, 2024 North Carolina Insurance Commissioner Mike Causey has settled on an 8% average rate increase for dwelling insurance policies, starting Nov....
Castle Key Defends 53.5% Condo Rate Hike, Blames Reinsurance, Ian, Rapid Growth February 22, 2024 By William Rabb When Allstate’s Florida unit, Castle Key Indemnity Co., entered the surging condominium insurance market in 2020, it looked like it...
Florida OIR Tells Citizens to Rethink Maximum Rate Increase on HO Policies August 22, 2023 By Insurance Journal Staff Reports When Citizens Property Insurance Corp. in June filed for the maximum rate increases allowed by its statutory glidepath, many in...
As Texas Windstorm Insurer Mulls Rates, Policyholders, Lawmakers Strongly Oppose Hikes November 15, 2019 By Stephanie K. Jones Texas’ property insurer of last resort for wind and hail in counties along the Gulf Coast is finding itself once...
Rate Increases Approved for Texas Auto Insurer for Residual Market November 12, 2019 Proposed rate increases for both private passenger and commercial auto insurance rates have been approved for the Texas Automobile Insurance...
Texas Auto Insurance Residual Plan Files Rate Increases September 14, 2018 The auto insurer of last resort in Texas has filed rate increases for both private passenger and commercial auto coverage....
Maine Individual Insurers Seek Nine Percent Rate Hike June 11, 2018 Two insurers on Maine’s individual health insurance market are requesting lower-than-expected rate increases for 2019. Portland Press Herald reports the...
Oklahoma Insurance Regulators: No Authority to Approve ACA Rate Hikes May 26, 2016 The Oklahoma Insurance Department does not have statutory authority to approve or deny rate increases filed by insurers on the...
Oklahoma Commissioner: 4 Insurers Have 55% of Earthquake Market May 25, 2016 Data released at a May 24 hearing to determine the competitiveness of earthquake insurance coverage in Oklahoma shows that four...
Louisiana Citizens Property Insurer Plans Rate Changes January 19, 2016 Almost all of the Orleans Parish homeowners who buy coverage from the state insurer of last resort could see their...