State Farm Fire and Casualty Co., Louisiana’s largest residential insurer, has been approved for an average 9.9 percent rate increase for homeowners’ coverage in Louisiana. However, coastal areas vulnerable to hurricanes will be bearing much of the brunt. Insurance Commissioner …
A judge in Austin has blocked regulators from posting on the Texas Department of Insurance Web site certain documents on two rate filings by State Farm Insurance Cos. that would increase homeowners insurance premiums for its customers in the state. …
Florida’s 21st Century Holding Co. has dropped its bid to acquire domestic property insurer HomeWise Holdings at the same time it reported that its own Florida property insurance unit it has received approval to raise rates 14.9 percent on some …
Anthem Blue Cross has again put a planned rate hike on hold. The Los Angeles-based health insurance company said this week that policyholders will not see a rate change beginning May 1. A spokeswoman for Anthem’s parent, Wellpoint Inc., Kristin …
A judge in Austin has blocked regulators from posting on the Texas Department of Insurance Web site some documents on two rate rate filings by State Farm Insurance Cos. that would increase homeowners insurance premiums for its customers in the …
North Dakota’s workers compensation agency is proposing a 3.3 percent average increase in its rates, starting in July. Agency director Bryan Klipfel says most of the increase is because of North Dakota’s rising wages. The new rates will be applied …
Homeowners who are dependent on Louisiana’s property insurer of last resort will see rates increasing by an average7 percent statewide. However, rate increases – as well as decreases – will vary widely, especially in southeastern Louisiana where Louisiana Citizens Property …
Tallahassee politicians must ensure a robust private property insurance market to avoid a financial disaster if a major hurricane or several smaller storms strike the state this summer, former Gov. Jeb Bush said this week. The two-term governor said it’s …
A competitive market landscape perpetuated flat commercial insurance prices during the fourth quarter of 2009, according to the latest market survey. After nearly five years of steady price decreases, findings from professional service firm Towers Watson’s most recent Commercial Lines …
Iowa’s largest health insurance provider will delay a planned premium increase after Gov. Chet Culver raised questions about the higher rates to the state insurance commissioner. Culver sent a letter to Insurance Commissioner Susan Voss, expressing concern about Wellmark Blue …
