The cost of property insurance in the U.S. rose to an all time-high in the first half of the year,...
rates News
Until recently, homeowners insurers weren’t allowed to use catastrophe models to justify needed rate increases, or to include the cost...
U.S. property insurance rates are decreasing for the first time in almost seven years, after insurers returned to profitability amid...
The Rev. John Parks was taking his first sabbatical in 40 years of ministry when he got a call from...
State Farm has applied for large rate increases in California, a year after the carrier got rate approvals of 7%...
Overall commercial property/casualty premiums increased slightly for all account sizes to 7.7% on average in the first quarter 2024. According...
Inflation is bringing rising loss costs for US commercial property/casualty insurers, according to Fitch Ratings, which reviewed reports from three...
Broker Marsh said the composite rate change at renewal for U.S. commercial lines was up 3% in the fourth quarter...
According to S&P Global Market Intelligence’s RateWatch, Farmers Insurance instituted double-digit rate increases in 43 states in 2023 for a...
NEW YORK — The expectation that hundreds of so-called zombie companies will fail over the next few years and drag...