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Corey Dahl
Verified
Managing Editor, Colorado Builder Magazine
Denver
Beats
Dating
Entertainment and Outdoors
Content
By Corey Dahl| PropertyCasualty360@ Premium growth remains above historical levels. (Credit: Nuthawut/Adobe Stock) The U.S. property and casualty industry improved its underwriting and earnings performance last year, according to a new report from Fitch Ratings. Even with large catastrophe losses, the industry achieved a 96.6% combined ratio, down 5.2 percentage points from 2023. The combined ratio is a measure of insurer profitability: anything below 100% indicates a profit, while anything above 100% indicates an underwriting loss.
By Corey Dahl| PropertyCasualty360@ The lawsuit targets the FAIR Plan as well as major insurers who fund the plan, including State Farm, Allstate and Nationwide. (Credit: Kyle/Adobe Stock) California’s FAIR Plan is being sued by 10 policyholders who allege that its denials of coverage for smoke damage are illegal. The policyholders’ homes survived the LA wildfires but suffered smoke damage.
By Corey Dahl| PropertyCasualty360@ Premium growth remains above historical levels. (Credit: Nuthawut/Adobe Stock) The U.S. property and casualty industry improved its underwriting and earnings performance last year, according to a new report from Fitch Ratings. Even with large catastrophe losses, the industry achieved a 96.6% combined ratio, down 5.2 percentage points from 2023. The combined ratio is a measure of insurer profitability: anything below 100% indicates a profit, while anything above 100% indicates an underwriting loss.
Company Info
Colorado Builder Magazine
Boulder, Colorado, United States
'+1 303-443-3130