Iowa insurance professionals don't think so. But, they concede, the storm's damage comes at a bad time...
Insurance rate hikes accelerate in February
Commercial policyholders paid more for most major lines of coverage last month as premium renewal rates accelerated compared with January, according to a report Tuesday from Ivans...
Commercial policyholders paid more for most major lines of coverage last month as premium renewal rates accelerated compared with January, according to a report Tuesday from Ivans...
Article / 2 months ago
Commercial insurance price hikes ease
Commercial insurance policyholders paid an average premium increase of 7% in the fourth quarter of 2023, down from 8.1% in the prior quarter, according to the Council of Insurance...
Commercial insurance policyholders paid an average premium increase of 7% in the fourth quarter of 2023, down from 8.1% in the prior quarter, according to the Council of Insurance...
Article / 2 months ago
Texas adopts 11% average decrease for comp
The Texas Department of Insurance adopted the National Council on Compensation Insurance's advisory loss cost filing that proposes an average decrease of 11%, effective July 1....
The Texas Department of Insurance adopted the National Council on Compensation Insurance's advisory loss cost filing that proposes an average decrease of 11%, effective July 1....
Article / 2 months ago
Washington comp rate equation anomaly results in rate hikes
Nearly every state announced reduced rates for workers compensation insurance for 2024, while Washington told employers to expect a 4.9% rate hike....
Nearly every state announced reduced rates for workers compensation insurance for 2024, while Washington told employers to expect a 4.9% rate hike....
Article / 3 months ago
Rate hikes accelerate in most lines in Q4: Ivans
Insurance rates for most major lines of commercial coverage increased at a faster pace in the fourth quarter, compared with the prior quarter, according to Ivans Insurance Services...
Insurance rates for most major lines of commercial coverage increased at a faster pace in the fourth quarter, compared with the prior quarter, according to Ivans Insurance Services...
Article / 3 months ago
Insider US in Full: Q4 earnings preview: Could this be a kitchen sink quarter?
In our 2024 outlook, we discussed the likelihood of additional reserve development for AY 2015-2019 in the commercial lines segment...
In our 2024 outlook, we discussed the likelihood of additional reserve development for AY 2015-2019 in the commercial lines segment...
Article / 4 months ago
California Workers’ Comp Report Shows Written Premium Nearing Pre-Pandemic Levels
A new report from the Workers’ Compensation Insurance Rating Bureau of California shows written premium in 2022 was 14 percent above the previous year....
A new report from the Workers’ Compensation Insurance Rating Bureau of California shows written premium in 2022 was 14 percent above the previous year....
Article / 4 months ago
Insurance rates hikes likely to moderate in 2024: Alera
Commercial insurance buyers will likely see price increases for several lines of coverage next year, but with a stabilized reinsurance market and more capacity coming online, the hikes should be more...
Commercial insurance buyers will likely see price increases for several lines of coverage next year, but with a stabilized reinsurance market and more capacity coming online, the hikes should be more...
Article / 5 months ago
Insurance prices rise overall, but D&O rates fall: CIAB
Commercial insurance premiums rose 8.1% on average in the third quarter, with property rates continuing to surge, but directors and officers liability insurance premiums and workers...
Commercial insurance premiums rose 8.1% on average in the third quarter, with property rates continuing to surge, but directors and officers liability insurance premiums and workers...
Article / 5 months ago
Florida OIR Approves Record Workers’ Comp Rate Cut, Despite Roofers’ Concerns
The Florida Office of Insurance Regulation and the state insurance commissioner have approved a 15.1% average decrease in workers' compensation rates...
The Florida Office of Insurance Regulation and the state insurance commissioner have approved a 15.1% average decrease in workers' compensation rates...
Article / 6 months ago
