October 8, 2007
The South Carolina Department of Insurance recently disapproved a request made by the National Council on Compensation Insurance to increase loss costs statewide by 23.7 percent. NCCI State Relations Executive, Amy Quinn, said the South Carolina department released its announcement …
October 8, 2007
The South Carolina Department of Insurance recently disapproved a request made by the National Council on Compensation Insurance to increase loss costs statewide by 23.7 percent. NCCI State Relations Executive, Amy Quinn, said the South Carolina department released its announcement …
October 2, 2007
Steady erosion of commercial insurance industry pricing continued during the third quarter of 2007, according to the RIMS Benchmark Survey, a survey of current policy renewal prices as reported by corporate risk managers. As has been the case in recent …
September 24, 2007
Washington’s Department of Labor and Industries has proposed raising workers’ compensation rates 3.2 percent in 2008, with the average premium increasing by just more than 2 cents per hour worked. L&I indicated the rate increase would help to keep pace …
September 10, 2007
Washington’s Department of Labor and Industries has proposed raising workers’ compensation rates 3.2 percent in 2008, with the average premium increasing by just more than 2 cents per hour worked. L&I indicated the rate increase would help to keep pace …
September 6, 2007
The 33 residents of the Holley Mountain Airpark in rural Van Buren County, Ark., enjoy a break on their home-insurance rates that most residents of cities around the state would envy: A Class 1 rating. That rating, the highest possible …
September 4, 2007
As Labor Day tourists take an end-of-summer beach trip, owners of thousands of condominiums that line the Alabama Gulf Coast say they’re getting burned by soaring insurance premiums. Insurance legislation aimed at making coverage available and affordable on the coast …
August 22, 2007
Allstate Texas Lloyds on Aug. 20 announced two filings that would raise its homeowners insurance rates in Texas by 5.9 percent and 2.1 percent, but Texas Insurance Commissioner Mike Geeslin immediately moved to block the increases. In two orders issued …
August 17, 2007
Louisiana regulators approved a property insurance rate change on Aug. 15, a statewide average rate increase of over 21 percent that will affect roughly 8,500 policyholders. The Louisiana Insurance Rating Commission approved the rate increase request from the Teachers Insurance …
August 6, 2007
Texas regulators indicated they would turn down a proposal by Farmers Insurance for a 6.6 percent statewide increase in homeowners rates, so in late July 2007, the company said it will revise its plan. Ben Gonzales, a spokesman for the …