State Farm is raising Louisiana homeowner rates an average of 8.7 percent statewide for its nearly 308,000 policyholders. According to State Farm’s filing with the insurance department, the statewide increase will generate $40.1 million. The Advocate reports the higher rates …
The Department of Labor & Industries has proposed an average 2.7 percent rate increase for 2014 workers’ compensation premiums. Over the past two years, workers’ compensation surveys have shown an increase in rates nationally, however this will be L&I’s first …
The board of Texas insurer of last resort for wind and hail along the Texas coast voted at its August meeting to raise premium rates beginning in January 2014. The Texas Windstorm Insurance Association board of directors voted to file …
Two administrative law judges have rejected a consumer challenge to a recent 20-percent rate hike for Texas homeowners covered by State Farm Lloyd’s. The judges decided on Aug. 19 that the premiums for 1.2 million homeowners are not excessive or …
Rates charged for private passenger automobile insurance provided through the Texas Automobile Insurance Plan Association (TAIPA) will increase overall by 5.6 percent, the Texas Department of Insurance reports. New rates for TAIPA private passenger and commercial automobile insurance will be …
Months after customers blasted the company for skyrocketing rates, Iowa’s dominant health insurer says it will limit premium increases in 2014 to less than six percent for individual and small business policyholders. Wellmark Blue Cross and Blue Shield announced on …
A councilman from Louisiana’s Ascension Parish is heading to Washington, D.C., to lobby against an increase of premium rates for National Flood Insurance Program policyholders. The Advocate reports Councilman Randy Clouatre plans to meet with members of the state’s congressional …
The Oklahoma Department of Insurance says flood insurance administered by the National Flood Insurance Program is set to increase rates for new and renewal policies effective Oct. 1. Flood insurance is offered to homeowners, renters and business owners to protect …
For the second consecutive year, the insurance market for architects and engineers professional liability insurance continued its firming trend as a number of leading insurance companies providing this specialized coverage again achieved moderate price increases, according to a new survey …
Louisiana Insurance Commissioner Jim Donelon has declined to approve a recent homeowners rate request filed by State Farm Fire and Casualty Co. (State Farm). State Farm submitted the request for the +16.6 percent rate increase to its homeowners program in …
