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The Hidden Cost of Bad P&C Insurance Data — And Why You Can’t Build a Reliable Dataset In-House

Neilson Marketing Services

across personal and commercial lines 6%–12% on workers’ compensation And often lower for networked or fee-split agencies So, a $10M premium book might only generate $1.25M in revenue, but public data vendors still classify it as a “$10M agency.” The Revenue Illusion: Why Premium Volume ≠ Revenue Another major misstep?

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Moody’s Global P/C Outlook Now Stable Despite Past-Peak Commercial Pricing

Insurance Journal

Moody’s Ratings changed the sector outlook for the global property/casualty insurance industry to stable from negative last month, pointing to personal lines price hikes in the U.S. As for commercial P/C insurance, … and UK as a reason for the upgrade.

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2024 P/C Insurance Combined Ratio: Best in More Than a Decade

Insurance Journal

With combined ratios for personal and commercial lines landing only 0.4 points apart last year, the property/casualty insurance industry’s aggregate 2024 combined ratio was 96.5marking the lowest figure since 2013, a new report shows. Fine-tuning a slightly higher industry aggregate …

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P/C Premium Growth Likely But Profits Delayed Until 2025: Forecast

Insurance Journal

Favorable first-quarter economic and underwriting results for property/casualty insurance are in line with projections that the industry will see a small underwriting loss in 2024 and achieve profitability in 2025, according to a report from the Insurance Information Institute (Triple-I) …

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Personal Lines Underwriting Results Improve, Reducing Gap With Commercial Lines

Triple-I: Homeowners Insurance

property and casualty insurance industry experienced better-than-expected economic and underwriting results in the first half of 2024, according to the latest forecasting report by Triple-I and Milliman. The industry’s estimated net combined ratio of 99.4 The industry’s estimated net combined ratio of 99.4

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Agency Revolution Welcomes Dan Goodwin as New VP of Enterprise Sales

Agency Revolution

August 19, 2024 – Agency Revolution , the leading marketing and communication enablement and website provider for independent insurance agencies, is thrilled to announce the appointment of Dan Goodwin as the new Vice President of Enterprise Sales.

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Bankers Insurance Helps American Red Cross with Disaster Recovery and Home Fire Prevention Services

Bankers Insurance

The Westfield Insurance Foundation, an independent private foundation endowed by Westfield, awards the donations to support their top agents’ local communities. said Ed Largent, Westfield president, CEO, board chair and Westfield Insurance Foundation chairman. Today, more than 175 years later, as a leading U.S.-based