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Tag: property rates

California Bill Would Require Insurers to Consider Fire Mitigation When Setting Coverage, Rates

CA wildfire risks

The American Property Casualty Insurance Association is urging California lawmakers to slow down on legislation that would require insurers to factor state and private fire mitigation efforts into decisions on coverage and rates.

Published April 19, 2024
Categorized as Show on Homepage Tagged CA Fire mitigation, homeowners rates, insurance rates, property rates

2023 P/C Market Survey Shows Signs of Stabilization in Cyber, With Spike in Commercial Property Premiums

Best rankings on net premiums

Commercial property premiums spiked by 20.4% in Q1 2023, which is the first time since 2001 that this line experienced an increase of over 20%.

Published May 18, 2023
Categorized as Show on Homepage Tagged commercial property insurance, commercial property premiums, property insurance hard market, property rates
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