The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) has recommended to the California Department of Insurance (DOI) to implement a 24.4 percent increase in pure premium rates that would take effect July 1, 2009, for new and renewal policies. …
A 1.4 perent rate hike requested by North Carolina auto insurance companies is being contested by state officials. Insurance department actuaries have concluded that the increase is not warranted in part because it incorporates certain reinsurance costs. Insurance Commissioner Wayne …
The Workers’ Compensation Insurance Rating Bureau of California (WCIRB) says it plans to submit a filing to the California Department of Insurance (CDI) recommending a 24.4 percent increase in pure premium rates that would be effective July 1, 2009, for …
Florida Insurance Commissioner Kevin McCarty has approved a 6.4 percent increase in workers’ compensation insurance rates. The increase applies to new and renewal business and will become effective April 1. The increase is meant to reflect the impact on legal …
The right coverage at the right price could cost more in New Jersey. Allstate New Jersey Insurance Co. is asking the state for permission to raise rates by 15.4 percent on average. The insurer says the higher premiums are needed …
In her seventh State of the State address, Michigan Governor Jennifer M. Granholm called for a freeze on auto insurance rates. She said the freeze would last for a year, “while the Legislature works to enact comprehensive insurance reform to …
Florida Insurance Commissioner Kevin McCarty said that he would approve a rate filing to increase Florida’s workers’ compensation insurance rates by 6.4 percent to be effective April 1 for new and renewal business. McCarty’s action is technically a denial of …
Florida Insurance Commissioner Kevin McCarty has affirmed the ruling of an administrative law judge and officially disapproved a State Farm Insurance homeowners rate filing that has been in dispute since last July. McCarty was affirming an Dec. 12, 2008 order …
The Liberty Mutual Fire Insurance Co. received approval for a 6.9 percent rate increase, Liberty Insurance Corp. received approval for a 7 percent rate increase and First Liberty Insurance Corp. received approval for a 7.6 percent rate increase for private …
Auto insurers may increase premiums on North Carolina drivers by up to 9.4 percent starting Jan. 1, but a court ruling will determine whether they can keep the extra money. The North Carolina Rate Bureau, which represents 144 auto insurers …
