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Tag Archives: insurance premiums

City, county earn better fire insurance rating

MONTICELLO and LAWRENCE COUNTY — Monticello and Lawrence County have achieved new fire insurance ratings. Officials tell the Daily Leader the city has new rating of six and the county had an eight. The ratings came from the state. Monticello Fire Department Capt. Jared Evans says a class six rating will lower insurance costs to businesses and homes. Previously, the ...

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Workers comp industry taking economic hit

OLDWICK, N.J.-The weak economy has taken its toll on the workers compensation insurance industry and a speedy recovery is unlikely, A.M. Best Co. Inc. said in a special report Monday. The insurance rating organization said the workers compensation insurance industry’s net premiums written plunged 14.5% to $12.3 billion in 2009, the lowest level since 1999. In fact, net premiums written ...

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Nationwide Insurance premiums up 20%

But not for Mississippians   Of the 14 million Americans who buy their own insurance, 77 percent have seen their premiums increase most recently by an average of 20 percent, according to a Kaiser Family Foundation study released last week. Of those who experienced a rate increase, 16 percent switched to a cheaper, less-comprehensive plan or changed insurance companies altogether. ...

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