Representatives from the Personal Insurance Federation of California (PIFC), the Association of California Insurance Companies (ACIC) and the American Insurance Association (AIA) recently announced the top five reasons California’s homeowners insurance rates are rising. The first to fall on the …
In an effort to stem the tide of departing obstetrics and gynecological physicians leaving Clark County, Physician’s IPA announced it is increasing the rate of insurance reimbursement to its OBGYN doctors. The Physician’s IPA board of directors voted to increase …
The Louisiana Insurance Rating Commission granted Allstate Insurance Co. a $21.9 million auto policy rate increase. The rate hike is the second the company has received in the past nine months. According to the New Orleans Times-Picayune, Allstate is Louisiana’s …
At a Dec. 4 public hearing, the Alabama Department of Insurance will consider requests by State Farm Mutual Auto Insurance Co. and State Farm Fire & Casualty raise auto insurance rates in that states. According to the Associated Press, State …
Texas Insurance Commissioner Jose Montemayor rejected the Texas Windstorm Insurance Association’s request for a 10 percent rate increase for wind and hail coverage of homes in the 14 coastal counties and part of Harris County. However, TWIA’s request for a …
State Farm Insurance Co. is expected to resume writing new homeowners insurance policies in Central Florida and other parts of the state on a limited basis after being granted a 23.3 average increase for homeowners premiums. According to the Orlando …
California Insurance Commissioner Harry Low issued his ruling on all matters included in the WCIRB’s Jan. 1, 2003 pure premium rate filing (File No. RH 02022520.) The Commissioner approved a 10.5 percent increase in pure premium rates applicable to policies …
Nevada Insurance Commissioner Alice A. Molasky-Arman has granted a request by Dairyland Insurance Company (Dairyland) to increase its private passenger automobile insurance rates by an overall 8.5 percent statewide average. In its filing and supporting information, Dairyland used an actuarial …
Nevada Insurance Commissioner Alice A. Molasky-Arman has approved a mobile homeowners insurance rate change for the Foremost Insurance Company Grand Rapids, Michigan (“Foremost Insurance”), American Federation Insurance Company (“American Federation) and Foremost Property and Casualty Insurance Company (“Foremost Property and …
The latest version of a coastal insurance bill requires that the North Carolina Beach Plan provide a homeowners policy with rates that are not “inadequate, excessive or unfairly discriminatory,” and which must be approved by the commissioner. According to the …
