Pricing Trends News

Explore the newest/trending Pricing Trends content.

Latest Pricing Trends Stories

Ohio Bureau of Workers’ Compensation Announces 3.9% Rate Reduction for Public Employers in 2024

Aug 30 2023 // The Ohio Bureau of Workers’ Compensation announced a 3.9% rate reduction for the state’s public employers, a rate cut that will go into effect Jan. 1, 2024. The rate reduction will result in nearly $8 million...

Dutch Insurer NN Says Extreme Weather May Make Further Premium Hikes Unavoidable

Aug 30 2023 // Dutch insurer NN Group NV may increase premiums further as extreme weather patterns become more prevalent, Chief Executive Officer David Knibbe said. While NN benefited from benign weather conditions in the first half of...

Car Premiums to Rise Again as British Insurers Feel the Heat

Aug 30 2023 // Motorists in Britain should brace for another year of steep insurance rises as providers confront cost pressures, industry figures have warned. Admiral Group Plc will continue increasing motor insurance prices and expects...

Reinsurers’ Cyber Rates Expected to Rise as They Seek to Regain Profitability: S&P

Aug 29 2023 // More cyber reinsurance rate increases can be expected as reinsurers seek to regain underwriting profits in their cyber portfolios, according to a report published by S&P Global Ratings. “Reinsurers had a...

NCCI Calls for Average 15% Decrease in Florida Workers’ Compensation Rates

Aug 29 2023 // The National Council on Compensation Insurance has proposed an average 15.1% decrease in rates for Florida, starting Jan. 1, the latest and one of the largest reduction recommendations in more than a decade of rate...

Florida OIR Tells Citizens to Rethink Maximum Rate Increase on HO Policies

Aug 22 2023 // When Citizens Property Insurance Corp. in June filed for the maximum rate increases allowed by its statutory glidepath, many in the Florida insurance industry saw it as a good thing, needed to help steer policyholders back...

View More

Our best content, delivered to your inbox

Get the insurance industry's trusted newsletter

Wells Media Group Network

Related Topics