Insurance Pricing News

California May Lower Quake Insurance Rates in Wake of Katrina

As federal, state and local officials grapple with the financial and physical ruin wrought by Hurricane Katrina, momentum is building to make earthquake insurance offered by the semipublic California Earthquake Authority more affordable. Fewer than 15 percent of California homeowners …

COLORADO AUTO INSURANCE RATES BEING REVIEWED:

Despite claims by the Colorado’s insurance commissioner, several House Democrats don’t think that auto insurance rates have declined since the state moved from no-fault to a tort system. Insurance Commissioner David Rivera told an interim legislative committee looking at auto …

N.C. Falls to Fifth Lowest Auto Insurance Rates in Nation

Insurance Commissioner Jim Long has announced in Raleigh, N.C. that the state now ranks as having the fifth lowest auto insurance rates in the nation, an improvement of three places over last year’s ranking as the eighth lowest. States bordering …

Calif. May Lower Quake Insurance Rates in Wake of Katrina

As federal, state and local officials grapple with the financial and physical ruin wrought by Hurricane Katrina, momentum is building to make earthquake insurance offered by the semipublic California Earthquake Authority more affordable. Fewer than 15 percent of California homeowners …

Colo. Democrats Question Claims That Auto Insurance Rates Have Declined

Democrats questioned claims by the auto insurance industry and Colorado state insurance commissioner that rates declined after the state switched from a no-fault system to a tort system, saying 48 of 200 companies have not reduced rates and some even …

KATRINA COULD AFFECT ILL. INSURANCE RATES:

Experts say the path of destruction left by Hurricane Katrina likely will lead to higher insurance rates in the metro-east and across the country, although it is unclear how much and how soon rates will rise, according to a report …

Citizens Property Insurance Board Tables Rate-Increase Vote Until Nov.

A vote on whether to request a 37 percent statewide increase on homes insured by Citizens Property Insurance Corp. was tabled Friday in Orlando by state’s insurer of last resort’s board of governors, which will reconsider the proposal in November. …

Survey Reveals Bikers’ Concern as Motorcycle Theft Rates Increase

With motorcycle theft rates climbing more than 55 percent according to the National Insurance Crime Bureau, and bike sales soaring at unprecedented rates, a survey of motorcycle owners revealed that a full 49 percent are concerned about bike theft and …

Mass. Auto Insurance Rates: How Low Will They Go for Next Year?

As the wheel that sets 2006 auto insurance rates in Massachusetts begins spinning, there is no doubt it will be pointing at a negative number when it comes to rest in about two months. The real mystery is just how …

Mass. Auto Insurance Rates: How Low Will They Go for Next Year?

As the wheel that sets 2006 auto insurance rates in Massachusetts begins spinning, there is no doubt it will be pointing at a negative number when it comes to rest in about two months. The real mystery is just how …