Prices for most types of property and casualty insurance are expected to decline in 2008 for the first time since World War II, as a weakening economy and heightened competition hold prices down everywhere except along coastal areas that are exposed to hurricanes.

Annual Premium Rating Report released by Quality Planning Corp. uncovers preventable auto premium rating error that could boost profit and reduce cost of auto insurance to consumers.

City residents may save hundreds on their auto insurance by claiming 'farm use' discount for vehicles that clearly cannot be used for agricultural purposes.

What do teenagers drive, other than parents crazy?

SUVs are becoming less popular among teen drivers and performance cars don't make the list.

This week, millions of teenagers are graduating from high school. With the long summer and possibly college lying ahead, parents are contemplating which vehicle makes most sense for their kids to drive. New or used? Large or small? Car or SUV? Before making this critical decision, parents might want to know what other parents are choosing for their kids.

The Quality Planning Corporation, a subsidiary of the Jersey City, NJ-based Insurance Services Office, released findings this week that concluded "from high ...

Quality Planning Corporation (QPC), an ISO company, has published a study that quantifies the benefits to insurers of taking a 'customer-centric' approach to interaction with policyholders. The study has major implications for the insurance industry, which is investing in technology to automate most of the interaction with its customers through efficient techniques designed to shave costs such as online applications, automated renewals, automated claims filing, web-only responses, automated voice responses (phone trees), and so on.

Quality Planning Corporation (QPC), the Rating Integrity Solutions Company, announced two senior-level management appointments. Vivek Vasudeva joins QPC as vice president, product development and operations; Robert U'Ren has been appointed senior vice president and chief marketing officer. Both will be located in QPC's San Francisco head office and will report to Dr. Raj Bhat, QPC's president.

"And make no mistake, the market is softening. Robert U'Ren, senior vice president of Quality Planning Corp., the data analysis unit of Insurance Services Office Inc., calls it a familiar cycle for the insurance industry. As prices climb and profits strengthen, "one company reduces its prices to win more customers, and that cycle goes until no one is making money," U'Ren said. The cycle started about a year ago and is likely to gain traction," he said.

February 27 deadline for new California DOI mandate spells significant costs for auto insurers; QPC responds with program to ensure compliance with new mileage regulations.