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Tag: Rate
‘Big Four’ Reinsurers Maintain Property-Cat Appetite, Despite Signs of Rate Softening
Europe’s four largest reinsurers – Swiss Re, Munich Re, Hannover Re and SCOR – are maintaining…
How Will the 2025 Reconciliation Law Affect the Uninsured Rate in Each State?
President Trump signed into law on July 4, 2025 a budget reconciliation package (formerly called the…
Mercury Seeks 6.9% Rate Increase in Filing Based on New Cat Modeling Regulation
Mercury Insurance said it has submitted a filing based on California’s new regulation enabling catastrophe modeling…
South Carolina DOI Pitches Rate Cut on Some Credit Property Insurance
The South Carolina Department of Insurance has proposed new rates for credit property insurance, holding the…
New Hampshire Approves 6.1% Workers’ Comp Rate Cut for 2026
The New Hampshire Insurance Department (NHID) has approved an average 6.1% reduction in voluntary workers’ compensation…
Florida OIR Approves 31.5% ‘Catch-up’ Rate Increase for TRUE, Despite Missed Filings
Florida’s Office of Insurance Regulation this week approved an average 31.5% increase in homeowner rates for…
Texas Auto Insurer for Residual Market Approved for Rate Increase
The Texas Department of Insurance (TDI) said in a bulletin this month that it has approved…
Top 5 Auto Insurers File for Average 6% Rate Reduction This Year, Florida OIR Says
Florida may have had some of the highest property and auto insurance rates in the country…