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...
S&P Finds U.S. Insurers Made Modest Gains in Diversity Over Decade November 18, 2020 The U.S. insurance industry has achieved only modest gains in increasing diversity over the last 10 years, according to government...