“The latest report is the result of a formal data call in which more than 260 insurers reported their total claims as of Dec. 1 and includes the destruction and damage for more than 21,000 homes, 2,800 businesses, and more than 6,100 private autos, commercial vehicles, and 788 losses involving other lines of insurance such as agricultural equipment and watercraft, according to the California Department of Insurance.”
Well done Agent! Care to offer more subjective commentary on the other 259+ insurers responding to CA wildfire claims?
Wonder if Chubb’s ranking was before or after the ACE acquisition? Given Chubb’s deteriorating service today, the rating must surely be pre ACE!
The Chubb-ACE deal closed on 1/14/2016. This report was released nearing year end of 2017.
But please, go on…
Chubb’s HO Loss Ratio may take a big hit after they finish paying for all those totaled California homes in the fire.
https://www.insurancejournal.com/news/west/2017/12/06/473364.htm
“The latest report is the result of a formal data call in which more than 260 insurers reported their total claims as of Dec. 1 and includes the destruction and damage for more than 21,000 homes, 2,800 businesses, and more than 6,100 private autos, commercial vehicles, and 788 losses involving other lines of insurance such as agricultural equipment and watercraft, according to the California Department of Insurance.”
Well done Agent! Care to offer more subjective commentary on the other 259+ insurers responding to CA wildfire claims?