IFAwebnews » premiums

Commercial insurance rates up 2%, shows market ‘turning slowly’

IFAwebnews Staff — Tue, 06 Mar 2012 16:49:29 +0000

The composite commercial insurance rate index rose 2% in February, according to MarketScout, which does a monthly analysis of various lines.

Commercial insurance rates up 2%, shows market ‘turning slowly’ via IFAwebnews.

Louisiana, D.C. residents pay most for auto insurance

Jaime L. Brockway — Mon, 13 Feb 2012 15:05:37 +0000

State-specific factors create a “wide fluctuation” of auto insurance premium rates across the country, making some states' averages more than double the rates of other states.

Louisiana, D.C. residents pay most for auto insurance via IFAwebnews.

P-C leaders say market hardening, financial crisis in back window

Bob Graham — Sun, 15 Jan 2012 23:03:00 +0000

Not only do property-casualty insurance industry leaders believe the financial crisis is behind them, but they also believe rates are hardening, a new study finds.

P-C leaders say market hardening, financial crisis in back window via IFAwebnews.

Scranton agency CEO sentenced for role in $1.3 million theft scheme

Bob Graham — Mon, 19 Sep 2011 22:24:40 +0000

The chief executive of a bankrupt Scranton, Pa., insurance agency who pleaded guilty in connection with a $1.3 million insurance premium theft scheme was sentenced to up to 16 1/2 years in state prison.

Scranton agency CEO sentenced for role in $1.3 million theft scheme via IFAwebnews.

Gates’ plan to raise Tricare premiums heading to Congress

Jaime L. Brockway — Tue, 15 Mar 2011 19:21:43 +0000

Congressional hearings on a proposal to increase fees on Tricare, a lifetime health benefits program for military retirees, are scheduled for March 16.

Gates’ plan to raise Tricare premiums heading to Congress via IFAwebnews.

IRS helps self-employed seniors paying Medicare Part B premiums

IFAwebnews Staff — Thu, 17 Feb 2011 14:56:06 +0000

The Internal Revenue Service is permitting for the first time self-employed people to deduct their Medicare Part B health insurance premiums.

IRS helps self-employed seniors paying Medicare Part B premiums via IFAwebnews.

NYIA: Cuomo’s budget would mean higher business insurance rates

IFAwebnews Staff — Mon, 14 Feb 2011 21:29:19 +0000

A New York property-casualty insurance trade group doesn’t like two provisions of New York Gov. Andrew Cuomo’s proposed budget because it could mean increased insurance costs for businesses.

NYIA: Cuomo’s budget would mean higher business insurance rates via IFAwebnews.

Kansas woman used part of annual premium payments to finance office

Bob Graham — Thu, 06 Jan 2011 10:54:52 +0000

The Financial Industry Regulatory Authority (FINRA) barred an Independence, Kan., woman after finding she kept part of annual insurance premiums payments.

Kansas woman used part of annual premium payments to finance office via IFAwebnews.

Hospitals sue R.I. commissioner over ‘rogue’ rate hike rules

Bob Graham — Thu, 02 Dec 2010 10:09:37 +0000

A hospital group in Rhode Island has filed suit, saying the state’s new health insurance rules seeking to control hospital costs are “rogue actions” hurting its ability to negotiate contracts with insurers.

Hospitals sue R.I. commissioner over ‘rogue’ rate hike rules via IFAwebnews.

Citizens Property Insurance rate hikes approved in Florida

Jaime L. Brockway — Sat, 16 Oct 2010 18:48:34 +0000

Florida Insurance Commissioner Kevin McCarty approved multiple rate hikes for Citizens Property Insurance, a major coastal property insurer in the state.

Citizens Property Insurance rate hikes approved in Florida via IFAwebnews.