Tag: Outpacing

  • Inflation Outpacing Premium Increases for Auto and Homeowners Lines

    US Insurers — already hammered by extraordinary losses brought on by natural disasters — are failing to lift premiums at a pace that matches the inflation rate, in line with the American Property Casualty Insurance Association. APCIA said private property/casualty insurers experienced an $11.3 billion underwriting loss within the third quarter of 2021. Incurred losses […]