Massachusetts Attorney General Martha Coakley said she opposes an insurance industry request to raise workers’ compensation premiums by about four percent this year. She said the hike would put an “additional strain” on employers already struggling in a tough economy. …
Louisiana Insurance Commissioner Jim Donelon declined to approve a rate request filed by State Farm Fire and Casualty Company that would have raised homeowners insurance rates by a statewide average of 19.1 percent. State Farm filed the rate revision in …
Anthem Blue Cross has agreed to a Feb. 8 request by California Insurance Commissioner Steve Poizner to delay its individual health insurance rate increase until May 1 to allow an independent actuary to review their rates, the California Department of …
Health insurer WellPoint Inc. defended its rate hike of up to 39 percent for certain California customers as Democrats latched onto the increase to press their case for overhauling the U.S. healthcare system. The controversy comes as Democrats struggle for …
Louisiana Insurance Commissioner Jim Donelon has declined to approve a rate request filed by State Farm Fire and Casualty Company that would have raised homeowners insurance rates by a statewide average of 19.1 percent. State Farm filed the rate revision …
California Insurance Commissioner Steve Poizner, responding to a dramatic proposed rate hike by WellPoint’s California affiliate, Anthem Blue Cross, has called on WellPoint executives to postpone the rate increase, allowing the California Department of Insurance proper time for an independent …
A North Carolina appeals court is weighing whether to freeze or even reverse homeowners’ insurance premiums that soared by up to almost 30 percent along the coast while sliding by a third in counties farthest from the shore. A three-judge …
State Farm Fire and Casualty Co., Louisiana’s largest homeowners insurer, has asked insurance regulators for a rate increase that would average 19.1 percent statewide with coastal residents taking the brunt. The Louisiana Department of Insurance will consider the request, which …
Mississippi’s insurance regulator, as he earlier indicated he would do, has denied a request from Allstate Property and Casualty Insurance Co. for a statewide home insurance price hike of about 60 percent. The increase would have affected about 50,000 policyholders. …
North Dakota Insurance Commissioner Adam Hamm says drivers in his state are still paying among the lowest auto insurance premiums in the nation, according to the “Auto Insurance Database Report 2006/2007” recently issued by the National Association of Insurance Commissioners. …
