Oklahoma Governor Kevin Stitt this week signed a bill that gives the insurance department the authority to review insurance rate…
Browsing: rate
What brokers should expect as further filings emerge According to the company, customers will still need to meet all applicable…
Slide Insurance Company expects to have around $3.5 billion of catastrophe reinsurance limit in-force for a first event in 2026,…
North Carolina’s insurance commissioner has negotiated a 10% increase in average rates for dwelling insurance, for rental and non-owner-occupied properties,…
On the carrier side, the data will be weighed against rising claims cost trends. Social inflation, higher jury awards, and…
Citing progress on a potential compromise with the insurance industry’s rate bureau, North Carolina Insurance Commissioner Mike Causey has rescheduled…
The number of babies born in the United States fell again last year. According to new data from the Centers…
About 2 in 10 said they at least sometimes use AI chatbots to get health information, but only 18% considered…
Global demand for reinsurance increased by approximately 10% at the April 1st reinsurance renewals, as buyers capitalised on favourable market…
Louisiana Insurance Commissioner Tim Temple announced this week that two insurers under the Allstate group have filed rate decrease for…
The California Department of Insurance, State Farm, Consumer Watchdog agreed on rate request from the carrier to raise homeowners rates.…
Commercial property, at 7.05%, also remains firmly in positive territory. While February’s figure is slightly lower than January’s 7.22%, it…
Month over month, premium renewal rates declined across all commercial lines of business except general liability and workers’ compensation, Ivans…
How insurers fared Among US annuity writers, the results were uneven. Lincoln Financial Group reported fourth-quarter annuity sales of $4.9…