Regulatory Battles In Personal Lines Ahead; Allstate May Drop Customers December 8, 2023 Analysts from Standard & Poor’s predicted this week that while personal auto results are starting to stabilize, the continued push...
S&P: Struggles in Personal Auto Insurance to Subside Slower Than Expected October 19, 2023 By Allen Laman S&P Global Market Intelligence projects that personal auto results will improve from 2022’s worst-in-decades combined ratio of 112.2%, though not...
Farmers, USAA Lead Pack in Hiking Homeowners Insurance Rates in 2023: S&P October 4, 2023 Farmers Insurance Group of Cos. and United Services Automobile Association (USAA) have increased homeowners insurance rates by nearly 15% each...
Specialty P/C Insurers Outperform Their U.S. Peers: Report July 21, 2023 By L.S. Howard U.S. property/casualty insurers that focused on difficult to place risks distanced themselves from their peers in key metrics measuring earnings,...
P/C Market Won’t See Underwriting Profit Until 2024: S&P July 14, 2023 After four years of unparalleled underwriting profitability ending in 2021, the property/casualty market is headed for a second straight year...
Liberty Mutual, Auto-Owners See DPW Jump in Q1 July 6, 2023 Though the U.S. commercial auto insurance industry’s 2022 combined ratio came in above 100 for the fourth time in five...
Insurance M&A Activity Slowed in 2022: S&P December 29, 2022 Berkshire Hathaway’s $11.6 billion acquisition of Alleghany Corp. was the largest insurance transaction in 2022 but insurance M&A activity dropped...
U.S. E&S Premiums Continue Growth in 2022: S&P November 30, 2022 By Chad Hemenway According to an analysis by S&P Global Market Intelligence, the U.S. excess and surplus market continued to grow in 2022,...
Q3 Combined Ratio for U.S. P/C Industry Highest in 5 Years November 23, 2022 The U.S. property/casualty industry posted a combined ratio of about 106.6 in the third quarter – the highest in five...
P/C Industry to Finish 2022 in the Red With Combined Ratio Over 100: S&P June 30, 2022 For the first time since 2017, the calendar-year combined ratio for the property/casualty industry will eclipse 100 in 2022 due...