An article in today’s Insurance Journal is headlined – “A.M. Best Sees $12 Billion P/C Insurance Underwriting Loss for 2018.” This article has a great headline for insurance companies but the content paints a much better picture for consumers. Case in point, the article says that A.M. Best expects the P/C industry to generate pre-tax … Continue reading When the Insurance Industry Has an Underwriting Loss What Does that Mean for You?
The personal auto insurance segment posted its first underwriting profit since 2007. This does not mean your auto premium is going down...at least not yet.