May was another record breaking month for filings with the Surplus Lines Stamping Office, with just under $1.19 billion in premium reported during the month. Year-to-date total is $4.41 billion. May reporting was 34.3 percent greater than May 2021, and the...
When J.D. Power released its 2022 U.S. Auto Insurance Study on June 13, it announced the highest customer satisfaction award for Texas Farm Bureau Insurance Companies, which placed the highest over all other Texas auto insurers. This marked the 11th consecutive year...
On June 9, Washington, D.C. headquartered The Coalition Against Insurance Fraud announced the launch of its study addressing the ethical use of data for anti-fraud purposes. The Coalition’s Ethical Use of Data in Fighting Insurance Fraud Study will be conducted over...
In 2021, U.S. insurers experienced a $3.8 billion net underwriting loss, having had a $5.2 billion underwriting gain in 2020. The loss comes despite earned premium growth of 7.4 percent. The loss is attributable to an 11.1 percent growth in incurred losses and loss...
The Florida Special Legislative Session on insurance reform has adjourned. While lawmakers and the governor may boast of the insurance reform they accomplished, an ALIRT research analyst rejects their bragging rights. The May 19 webinar, Florida Property Insurance...
London ViewsBy LEN WILKINSLondon Correspondent Plans for Lloyd’s members to attend the market’s 2022 Annual General Meeting in person were changed at the last moment because climate activists threatened to disrupt the meeting. Thanks to Zoom, the meeting went ahead...
Recent Comments