Posts Tagged ‘rates’
Auto Insurance – Mercury Insurance Announces New Reduced Rates And Discounts
Posted by: incur on: December 28, 2010
Mercury Insurance, a top rated California automobile insurer, recently announced a planned $72 million premium lowering that could see at least 10% of California drivers qualify. Along with this price slash is other programs such as an announced group discount plan for university alumni and the addition of a 24-hour Roadside Assistance initiative for individuals [...]
Medical Mills Help Drive Up Insurance Rates In New York, Questionable Claims For Excessive Treatment On The Rise
Posted by: incur on: September 27, 2010
Excessive billings by medical mills, fraudulent companies that provide few if any real health care services to the public, are a key factor in driving New York State’s no-fault automobile insurance fraud crisis. New data shows the problem with medical mills’ excessive treatment is growing, according to the New York Alliance Against Insurance Fraud (NYAAIF). [...]
Directors and officers liability rates fall 16.4%
Posted by: incur on: September 25, 2010
The market for directors and officers liability insurance remains soft, according to a quarterly pricing index that an Aon Corp. unit released Tuesday. The price of D&O coverage decreased 16.4% in the second quarter of this year compared with the same period last year, concluded the report from Chicago-based Aon’s Financial Service Group. That is [...]
Medical Mills Help Drive Up Insurance Rates In New York, Questionable Claims For Excessive Treatment On The Rise
Posted by: incur on: September 22, 2010
Excessive billings by medical mills, fraudulent companies that provide few if any real health care services to the public, are a key factor in driving New York State’s no-fault automobile insurance fraud crisis. New data shows the problem with medical mills’ excessive treatment is growing, according to the New York Alliance Against Insurance Fraud (NYAAIF). [...]
Medical Mills Help Drive Up Insurance Rates In New York, Questionable Claims For Excessive Treatment On The Rise
Posted by: incur on: September 19, 2010
Excessive billings by medical mills, fraudulent companies that provide few if any real health care services to the public, are a key factor in driving New York State’s no-fault automobile insurance fraud crisis. New data shows the problem with medical mills’ excessive treatment is growing, according to the New York Alliance Against Insurance Fraud (NYAAIF). [...]
Soft rates, struggling U.S. economy drag on brokers’ earnings
Posted by: incur on: August 27, 2010
Soft insurance rates and the weak U.S. economy’s reduction of exposure levels weighed on the largest publicly traded brokers’ earnings during the first half of the year, analysts say. “Broadly speaking, things are not great,” said Meyer Shields, an analyst with Stifel, Nicolaus & Co. Inc. in Baltimore. “In general, the head winds that the [...]
Ohio Auto Insurance Rates up 5% in Past 6 Months
Posted by: incur on: August 26, 2010
(Auto Insurance News) — It’s costing more to insure your car. The median six-month auto insurance rate in Ohio increased about 5 percent in the past six months to $560 per household, according to a study released yesterday by InsWeb, an online insurance-comparison provider. The median means half pay more and half pay less. A household [...]
Property/casualty rates fall 3% in July
Posted by: incur on: August 9, 2010
Commercial property/casualty insurance rates dropped an average 3% in July compared with a year earlier, MarketScout said Thursday. The Dallas-based electronic insurance exchange said the service industry enjoyed the most competitive pricing among industries surveyed, with average prices down 4%. Among lines of coverage, general liability experienced the greatest pricing decline with average prices down [...]
Property/casualty rates drop in latest quarter
Posted by: incur on: July 25, 2010
Commercial property/casualty insurance rates dropped an average of 6.4% during the second quarter this year, according to the Council of Insurance Agents & Brokers? ?Commercial P/C Market Index Survey? released Monday. Advertisement Large accounts, which the survey defines as generating more than $100,000 annually in fees and commissions, experienced the steepest decline at 8.9%, while [...]
Energy, casualty reinsurance rates unaffected by oil spill
Posted by: incur on: July 7, 2010
The Deepwater Horizon oil rig disaster has not affected reinsurance rates across the energy and casualty lines yet, as July 1 renewals in the sector were flat or down, according to a report Thursday by Guy Carpenter & Co. L.L.C. However, the full effect of the disaster remains to be seen, and upward pressure on [...]
