Louisiana’s state-backed property insurance company will probably seek another rate hike for next year, roughly a 10 percent statewide average increase, on top of this year’s 7 percent increase, the firm’s chief executive said. Louisiana Citizens Property Insurance Corporation CEO …
Citing testimony that self-insured employers have been able to reduce overall workers’ compensation costs, California Insurance Commissioner Steve Poizner has rejected the Workers’ Compensation Insurance Rating Bureau’s request for a pure premium rate increase of 23.7 percent. While the Department …
New Yorkers Can Now Tap Internet for Personal Auto Discounts New Yorkers who shell out about $50 to take a leisurely trip down a cartoon road with just a few clicks of the mouse can end up shaving hundreds of …
Florida Gov. Charlie Crist has signed legislation that will increase property insurance rates by 10 percent annually on more than one million customers of the state-backed Citizens Property Insurance Corp. and gradually reduce the exposure of the state’s hurricane insurance …
As Georgians struggle to cope with an ongoing recession, their car and home insurance rates are on the rise. Hit hard by storms and losses on Wall Street, insurance companies have been hiking their rates this year in Georgia and …
Georgia’s top insurance regulator said Atlanta homeowners could be paying 10 percent more for their insurance unless the city hires more firefighters and shows it training is up to snuff. Georgia Insurance and Fire Safety Commissioner John Oxendine revealed the …
Florida property/catastrophe reinsurance rates increased by 15 percent at the June 1, 2009, renewal, compared to a decline of 15 percent a year ago, according to reinsurance specialist Guy Carpenter & Co. In a new briefing on Florda reinsurance trends, …
Rates for some coastal property owners insured through the residual market insurance organization known as the Alabama Beach Pool are going up July 1. The overall average hike will be 5.5 percent, according to the Alabama Insurance Underwriting Association, the …
According to findings from Marsh, “Insurance rates in the UK continued to fall, but at a slower rate, across all major lines of business in the first quarter of 2009.” The figures are based on business placed by Marsh, on …
Florida Gov. Charlie Crist has signed legislation that will increase property insurance rates by 10 percent annually on more than one million customers of the state-backed Citizens Property Insurance Corp. and gradually reduce the exposure of the state’s hurricane insurance …
