rate filings News

California Tells Auto Insurers to Disclose Pandemic Profits

SACRAMENTO, Calif. (AP) — California’s insurance commissioner on Thursday ordered nearly 50 auto insurers to provide detailed information about their claim costs during the pandemic, his latest attempt to compensate consumers he says were overcharged as traffic virtually disappeared when …

Insurer Rate Filings Now Available Online in Oklahoma

Oklahoma residents can learn more about insurance company filings by using a new online tool that contains rate filings for property, casualty, life and health insurance products, the Oklahoma Insurance Department announced. Consumers can now search for rate and form …

Aon Study: U.S. Home Insurance Rates Don’t Reflect True Costs

U.S. insurers’ prospective after-tax return on equity for homeowners insurance is 4.8 percent on average, a decrease from the 6.9 percent of 2010, mainly due to subdued investment returns and higher estimates of non-coastal losses. That calculation comes from Aon …