Where Homeowners Rates Are Rising—and Who Is Raising Them Most January 24, 2025 According to a new analysis of homeowners insurance rates, some Midwest states saw the biggest jumps in premiums last year—and...
S&P Reveals Top 50 Largest P/C Insurers October 25, 2024 As the third-fastest growing company on a list of the world’s top 50 largest insurers, State Farm Mutual Automobile Insurance...
State Farm Posts Worst HO Loss Ratio Since 2011; Peers Recover: S&P September 26, 2024 State Farm was the only one of 10 major players in the homeowners insurance market reporting a worse second-quarter loss...
Personal Auto Driving P/C Insurers to 2024 Underwriting Profit July 23, 2024 By Susanne Sclafane S&P Global Market Intelligence is forecasting a combined ratio of 99.2 for the U.S. P/C insurance industry overall in 2024,...
Allstate, Nationwide Post Dramatic Q12024 Homeowners Loss Ratio Drops: S&P June 28, 2024 In the topsy-turvy world of homeowners insurance, first-quarter loss ratios have been bouncing around for the last five years—from below...
US E&S Growth Slower in 2023; Berkshire, AIG Top Premium Rankings June 13, 2024 An analysis by S&P Global Market Intelligence reveals that the pace of growth in the U.S. excess and surplus lines...
US Home Insurers Post Net Combined Ratio Over 110: S&P May 23, 2024 The U.S. homeowners insurance segment posted its worst underwriting results in over a decade in 2023, according to an analysis...
S&P: 2023 Marked Stall of Rapid Growth in US Cyber Insurance May 22, 2024 By Chad Hemenway S&P Global Market Intelligence weighed in on the U.S. cyber insurance marketplace, reporting that premium dipped in 2023 to end...
Overall US P/C Combined Ratio Improves in 2023 but Trouble Spots Remain: S&P May 16, 2024 The U.S. property/casualty industry’s net combined ratio improved in 2023 to 101.7 from 102.5 the prior year, according to S&P...
10 Largest Auto Insurers Each Raised Rates by Double Digits in 2023 January 18, 2024 By Chad Hemenway According to S&P Global Market Intelligence’s RateWatch, Farmers Insurance instituted double-digit rate increases in 43 states in 2023 for a...