Property-casualty insurers should report “improved” operating results this year, after being hurt by heavy catastrophe-related losses and weak earnings in 2011, according to Fitch Ratings.
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.
The Toyota Sienna LE is the least expensive 2012 car model to insure while the 2012 Audi R8 Spyder Quattro, a two-seat V10 convertible, costs the most to insure, according to a new study.
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.
State Farm, the largest insurer in Texas, has told state regulators that it will raise homeowners rates in the state an average of 9.6% and impose a minimum 1% deductible on all policies, starting in December.
Insurance companies have begun changing how they handle payment for sinkholes in response to widespread defrauding through misuse of funds, according to an Internet insurance rate service.
The Virginia State Corporation Commission (SCC) scheduled a hearing in Richmond Oct. 27 on proposed adjustments to premiums levels charged for workers’ compensation insurance.
As an insurance agent for the past 15 years, I have never been more satisfied with my job of helping our seniors maneuver through the enrollment process of Medicare.