Teaming up to challenge the near doubling of medical malpractice insurance premiums by GE Medical Protective, Connecticut Attorney General Richard Blumenthal, the Connecticut State Medical Society and the Connecticut Trial Lawyers Association have again called on Connecticut Insurance Commissioner Susan …
Oklahoma vehicle owners could combat an April 1 increase in auto insurance rates if a bill proposed by Rep. Jerry Shoemake (D-Morris) passes the Oklahoma Legislature. Shoemake has filed a petition to override a law, scheduled to go into effect …
The New York State Insurance Department has scheduled a public hearing for Friday, Jan. 7, 2005 to consider the application of the New York Compensation Insurance Rating Board for a workers’ compensation insurance rate increase of 9.5 percent. The hearing …
The Illinois Division of Insurance has approved a 0.1% increase in the advisory rate for workers’ compensation insurance in Illinois for 2005—that’s one-tenth of 1 percent. For comparison’s sake, the department said in a statement, consider that the Consumer Price …
The Washington Department of Labor and Industries finalized an average 3.7 percent rate increase for workers’ compensation insurance in 2005. The increase takes effect Jan. 1 and will raise an additional $52 million to cover cost-of-living increases required by law …
According to MarketScout, the November composite rate increase for property and casualty insurance remained at 2%. Richard Kerr, chairman and CEO of MarketScout (www.marketscout.com) commented, “We expect the market to remain constant through the end of the year. The majority …
The Washington Department of Labor and Industries finalized an average 3.7 percent rate increase for workers’ compensation insurance in 2005. The increase takes effect Jan. 1 and will raise an additional $52 million to cover cost-of-living increases required by law …
The Oklahoma Insurance Department approved a rate increase for medical professional liability carrier NCMIC Insurance Co. NCMIC applied for a rated increase in August 2004. It sought a rate increase of 23.2 percent with an effective date of Oct. 1. …
The Massachusetts Property Insurance Underwriting Association (MPIUA), also known as the FAIR Plan, has filed for rate increases for its multi-peril homeowners risks. The FAIR Plan is seeking a 4.5 percent increase in rates for HO Forms 2, 3 and …
Results from 2004’s first nine months indicate Missouri should post its lowest rate of premium increases for workers’ compensation insurance since 2000, according to Department of Insurance Director Scott Lakin. With 206 insurers filing rate changes for 2004, overall market …
