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Insurance Industry › Insurance Rates › Property Insurance

Cozen O'Connor

Illinois Insights: An update from Cozen O'Connor (7/21)

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After State Farm rate hike, legislators are pressured to provide relief. Here’s what could be on the table. - “Gov. JB Pritzker wasted no time in calling on state legislators to do something about rising insurance rates...more

Farella Braun + Martel LLP

Regulatory Changes Underway To Address Dwindling California Property Insurance Market

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We keep hearing about how difficult it is for our clients to get property insurance these days, both for homes and businesses in Northern California’s wildfire-prone areas. Which, of course, is most of Northern California. ...more

Woodruff Sawyer

Insurance Rates for the Technology Industry: 2022 Trend Report

Woodruff Sawyer on

In this report, we identify the emerging trends that are impacting insurance for the tech sector, with a specific review of the property, general liability, and workers’ compensation (WC) coverage areas. The big takeaway?...more

Woodruff Sawyer

[Webinar] P&C Insurance Trends: Looking Ahead to 2022 - December 7th, 10:00 am - 11:00 am PDT

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Though the market remains difficult amidst claims costs and underwriting issues, we are cautiously optimistic and see opportunities for you to improve your insurance portfolio in 2022. Join Woodruff Sawyer experts Carolyn...more

Zelle LLP

Tightening Up Contracts in a Hardening Insurance Market

Zelle LLP on

Over the past decade, as commercial property insurance rates softened, so too have terms and conditions. In some instances, attempts to broaden coverage have also had the effect of diluting the clarity and consistency of...more

Troutman Pepper Locke

Florida Governor Scott Orders Freeze on Property and Casualty Rate Increases

Troutman Pepper Locke on

On Tuesday, September 12th, Florida Governor Rick Scott directed Insurance Commissioner David Altmaier to “freeze any and all efforts” to increase property insurance rates. In addition, Governor Scott stated that...more

Nossaman LLP

Are Insurers Engaged in Deceptive Practices and Illegal Pricing? If so, what can be done about it?

Nossaman LLP on

We wish to call attention to a disturbing trend, that even in the highly regulated field of personal lines coverage, homeowners and auto policies, the insurance industry is engaged in courses of conduct designed to write...more

Carlton Fields

Maryland Insurance Administration Prohibits Use of Price Optimization to Rate Property & Casualty Insurance Policies

Carlton Fields on

On October 31, the Maryland Insurance Administration (MIA) issued Bulletin 14-23 (the "Bulletin") to property and casualty insurers. It prohibits the use of price optimization in setting rates for policies issued in Maryland....more

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