April 25, 2005
Independent Agents and Their Customers Have the Most to Lose As product manager for the state’s largest writer of auto insurance through independent agents, I want to take this opportunity to remind you that preserving our ability to use credit-based …
April 18, 2005
While Massachusetts insurance officials are weighing a request by the industry to inch up workers’ compensation rates by 1 percent, a new study suggests that claim costs are accelerating by leaps and bounds, largely because of medical cost inflation. The …
April 18, 2005
Independent Agents and Their Customers Have the Most to Lose As product manager for the state’s largest writer of auto insurance through independent agents, I want to take this opportunity to remind you that preserving our ability to use credit-based …
March 18, 2005
A compromise agreement approving a 2.2 percent average statewide homeowners premium increase has been reached between the North Carolina Insurance Commission and the North Carolina Rate Bureau. The Bureau, an independent organization representing homeowners insurance companies in the state, initially …
March 1, 2005
State Farm Mutual will reduce its auto premiums in New York state by an average of 5 percent, according to New York Acting Superintendent of Insurance Howard Mills. The savings are estimated at $47 million for 2005. In addition, State …
February 21, 2005
The cost of auto insurance is expected to rise by just 1.5 percent in 2005, the smallest increase in five years, according to the Insurance Information Institute. The average cost for auto insurance nationwide for 2005 is estimated at $870–an …
February 21, 2005
The North Carolina Department of Insurance doubts new methodology used by the North Carolina Rate Bureau, which has just requested an 11.5 percent statewide increase in private auto insurance rates. NCRB is an independent organization representing in-state auto insurance companies. …
February 21, 2005
The cost of auto insurance is expected to rise by just 1.5 percent in 2005, the smallest increase in five years, reports the Insurance Information Institute. The average cost for auto insurance nationwide for 2005 is estimated at $870–an increase …
February 16, 2005
The Medical Protective Company (Medical Protective), a large admitted primary medical professional liability insurer in Texas, announced it has no plans to take an overall rate increase in the state in 2005. President and Chief Executive Officer Timothy Kenesey said …
February 10, 2005
Maryland Insurance Administration Commissioner Alfred W. Redmer, Jr. announced today the formation of a task force to study and review auto insurance rates in urban areas of Maryland. “As a former legislator who represented part of Baltimore City, I understand …