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P/C Insurer's Gains Slip 1Q 2014

Jul 7 2014 Net losses and loss adjustment expenses (LLAE) surged upward in the first quarter of 2014 as compared to the same time period in 2013. Private U.S. property/casualty insurers' net income... more

Auto Insurance Is 5 Year Loser

Mar 20 2013 The US Auto Insurance industry will post a statutory underwriting loss in private passenger auto for the fifth consecutive year in 2012, according to a report by Fitch Ratings. Spurred by... more

US Record -12 Billion $ Disasters

Dec 8 2011 2011 set a new record of 12 separate billion+ dollar US weather/climate disasters according to the National Climatic Data Center (NCDC). The aggregate damage total is estimated to be... more

US Weather Losses 300% of Normal

Jun 23 2011 April period witnessed the largest tornado outbreak in world history. May period includes two of the costliest tornadoes ever recorded. Yes, it was really THAT bad - 3 times the average of... more

April Weather Claims Exceed $4B

May 5 2011 Five separate severe weather outbreaks in April will result in combined insured losses in excess of $4 billion, according to Aon Benfield report. The first outbreak, from April 3-5,... more

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