Despite Hard Market, P/C Combined Ratio Forecast Near 104 for 2023 November 6, 2023 Losses resulting from severe convective storms are expected to drive the 2023 net combined ratio for the property/casualty industry to...
Inflation, Catastrophe Losses Lead P&C Underwriting Loss in 2023 August 8, 2023 The overall property/casualty industry is expected to finish 2023 with a net combined ratio of 102.2, according to a recent...
US Insurers Hit Hardest by Inflation: Triple-I Study June 16, 2023 US insurers have paid more than their counterparts worldwide to repair and rebuild damaged properties and vehicles due to inflation...
Tale of Two Markets: Largest CR Gap Between Personal, Commercial Lines in 15 Years May 18, 2023 The 2022 property/casualty insurance industry saw a stark difference between the combined ratio of commercial lines at 94.8, while personal...
Dog-Related Injuries Cost Insurers More Than $1 Billion in 2022 April 12, 2023 Insurers paid out more than $1 billion in dog-related injury claims in 2022, a 28% increase over 2021 even though...
Domestic Violence Awareness Month: Insurance and Financial Tips for Victims October 21, 2022 Remote work, while providing a respite to many from long commutes and surging gas prices, can increase the vulnerability of...