Underwriting & Pricing
P/C Insurers Positioned for Underwriting Improvement, But Longer-Term Challenges Await
U.S. property/casualty insurers represent a source of stability amid the recent tumult of socioeconomic disruption from the coronavirus pandemic. The industry strengthened its capital base and ...
Global Re/Insurers See Average Premium Increases of 11% in Q1 2022: Gallagher Re
Premium growth during the first quarter saw an average increase of 11 percent, which was supported by continued favorable pricing for commercial insurance lines and reinsurance business, according to ...
Memo to Brokers: Stick With Loyal Insurers/MGAs; Price Isn’t the Only Differentiator
Instead of oscillating between extreme hard and soft markets, the insurance industry needs to promote a more sustainable business model that will help control the insurance cycle, according to an ...
J.D. Power Survey Finds Auto Insurance Customer Satisfaction Has Eroded
J.D. Power found in a recent survey that auto insurance customer satisfaction with price has plummeted, driving a surge in policy shopping activity while dragging on the purchase experience index. "A ...
U.S. Traffic Deaths Jump 10.5% in 2021 to Highest Number Since 2005
U.S. traffic deaths jumped 10.5 percent in 2021 to 42,915 — the highest number killed on American roads in a single year since 2005, according to a preliminary estimate from U.S. regulators. The ...
Where Property Insurance Buyers Are Headed: A Paradigm Shift
Rising commercial property insurance costs have gotten the attention of executives across a broad cross-section of corporate America. Aon, a leading broker of commercial insurance, reports that ...
Most Homeowners Underinsured for Trends in Inflation, Building Costs: APCIA
A new American Property Casualty Insurance Association (APCIA) survey of over 1,000 U.S. homeowners insurance policyholders reveals a majority of homeowners have not taken important steps to ensure ...
Allstate Outlines ‘Surgical’ Auto Rate Hikes to Combat Inflation
Rate increases in Allstate's auto insurance business are in integral part of the insurer's overall plan to address the impact of inflation. Wednesday during a conference call with analysts to discuss ...