2023 P&C Combined Ratio Forecasted to Deteriorate to 103.8
The projection is worse than the 102.2 combined ratio predicted earlier this year, according to projections by the Insurance Information Institute and Milliman.

The projection is worse than the 102.2 combined ratio predicted earlier this year, according to projections by the Insurance Information Institute and Milliman.
The Big “I” advocated for efforts to address the current property insurance crisis and its impact on consumers at a U.S. House of Representatives hearing.
Insurance agency mergers & acquisitions saw the largest decline through the third quarter ever reported, with 534 in the year so far.
From scary trends in EPLI, cybercrime and carrier ratings to the perks and dangers of artificial intelligence, October articles delved into the trends that will linger into the fall.
The Big “I” has a good relationship with the new House Speaker, who has been supportive of the National Flood Insurance Program and the Federal Crop Insurance Program.
Applied Net 2023 took place this week. Taylor Rhodes, CEO of Applied, shared how the company’s dedication to the independent agency channel is inspiring continued developments in technology
Most small and midsized businesses do not have basic cybersecurity prevention measures in place and severely underestimate the likelihood of a cyberattack.
AM Best downgraded 32 property & casualty companies’ credit ratings in the first half of 2023, including 21 personal lines insurers.
Charles Symington began his role as Big “I” president & CEO on September 1 and recently sat down to discuss his background, values and priorities as he takes over the helm of the association.
In the current hard market environment, independent agents are proactively shopping ahead for their clients more than they have in the past.