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?
Do you remember when insurance companies had to make significant reserve adjustments for Asbestos claims in the early 2000s even though the exposure happened years ago? I worked for Hartford at the time, on their investment side, and even though our sales were great, Hartford's earnings always seemed to disappoint because they kept having to … Continue reading We Can Learn Something About Insurance From a Funny Video on Vaping