Insurance Services Office has lowered its rating on Yuma, Ariz.’s family home building codes, a move that could result in higher homeowners rates, according to the Associated Press. Yuma received a grade six grades lower than the previous rating. Yuma …
Oklahoma Gov. Brad Henry is urging state regulators to reject a proposed increase in workers’ compensation insurance rates, citing a new actuarial report that indicates a rate hike is not necessary. The report in question was compiled by the Oklahoma …
State Farm will lower auto rates for its California auto insurance customers an average of 7.6 percent effective October 1. The California Department of Insurance-approved rate reduction will save the company’s 3 million policyholders more than $215 million in auto …
The Associated Press reported that an insurance company that had threatened to stop offering medical malpractice coverage to doctors in West Virginia has been granted a 9.5 percent rate increase, according to Gov. Bob Wise. The state Insurance Commission’s approval …
A national insurance organization has lowered its rating on Yuma, Arizona’s family home building codes, a move that could result in higher home insurance rates here. The Insurance Services Office reviewed the codes and rated Yuma just one grade from …
New York Superintendent of Insurance Gregory V. Serio today rejected the filing submitted by the New York Compensation Insurance Rating Board (CIRB) that sought an overall increase of 29.3 percent in workers’ compensation insurance rates. Serio determined that the data …
The New York State Insurance Department has scheduled a public hearing for Tuesday, July 13, to consider the application of the New York Compensation Insurance Rating Board for a workers’ compensation insurance increase of 29.3 percent. The hearing will supplement …
New York State Insurance Department Superintendent of Insurance Gregory V. Serio today announced that the majority of New York State’s 50,000 actively practicing physicians will see a seven percent rate increase in their medical malpractice insurance premiums for the policy …
Maryland medical malpractice insurer, GE Medical Protective Co., has obtained approval for a 59.6 percent rate increase on its medical professional liability policies, slightly less than it had requested. GE Medical had filed for a 67.9 percent hike effective August …
The Pennsylvania Professional Liability Joint Underwriting Association (JUA) has submitted a filing to the state insurance department to increase overall rates by 0.6 percent for non-institutional health care providers. The filing includes proposals to decrease the base rate by 8.0 …
