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By Mark E. Ruquet, PropertyCasualty360.com |
May 18, 2012
New York’s chief regulator indicated he is not satisfied with insurers’ answers about why force-placed-insurance rates are so high when losses continue to be low.
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By Mark E. Ruquet, PropertyCasualty360.com |
May 17, 2012
New York State regulators intend to expand their review of insurance coverages beyond force-placed insurance programs, according to Benjamin M. Lawsky, superintendent of Financial Services.
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By Phil Gusman, PropertyCasualty360.com |
May 17, 2012
Progressive could be the biggest beneficiary if increasing personal-lines rates trigger more shopping behavior among consumers, as the Mayfield Village, Ohio-based insurer typically gains share when rates rise, according to a Stifel Nicolaus report.
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By Phil Gusman, PropertyCasualty360.com |
May 11, 2012
Leading U.S. homeowners insurers recorded combined ratios well over 100 in 2011 due mainly to storms throughout the year, according to an SNL Insurance analysis.
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By Staff Writer |
May 9, 2012
Personal-lines insurance rates were up 1 percent in April compared to the same month a year ago, according to MarketScout’s latest Market Barometer.
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By Chad Hemenway, PropertyCasualty360.com |
May 3, 2012
Allstate Corp. says first-quarter net income increased about 46 percent to $766 million as its strategy to improve margins in auto and homeowners insurance is paying off, Allstate's CEO says.
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By Matt Stroud, Reuters |
April 10, 2012
As weather disasters strike with more frequency, U.S. homeowners first get hit with the destruction or total loss of property. Many are then hit with the unexpected loss of homeowners insurance policies as insurance companies re-evaluate their financial liabilities.
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By Mark E. Ruquet, PropertyCasualty360.com |
April 5, 2012
New York state regulators are calling on insurers to justify the rates they change for force-placed insurance coverage and say there is evidence of conflict of interest between bankers and insurers.
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By Mark E. Ruquet, PropertyCasualty360.com |
April 5, 2012
Property and casualty insurance rates are continuing their climb upward with evidence that commercial lines and personal lines are showing low single digit increases, according to MarketScout.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 27, 2012
An analysis of 2011 direct-written premiums and direct-loss ratios for property and casualty insurance makes the case for continued rate increases in the coming year, a financial analyst says.
