Hartford just released figures for July, 2013: 467,511 Written Premium, up 16.7% 405,674 Earned Premium 199,880 Incurred Losses 49.3% Loss Ratio 66,820 Growth in WP 134,794 New Business 604 Policies in Force, up from 552 in December Profit-sharing…
Travelers just released VIAA figures for July, 2013. $2,392,341 Written Premium 2,627,378 Earned Premium 1,206,131 Incurred Losses 45.9% Loss Ratio 307,587 New Business 4,155 Policies in Force Growth is negative but beginning to “bottom out”. If Loss…
Survey Shows Insurers Better Served Focusing on Customer Satisfaction: McKinsey By Mark E. Ruquet, PropertyCasualty360.com July 25, 2013 • Reprints A survey of auto insurance customers provides good news for insurance agents—and serves as a reality check for carriers who believe…
Insurance Journal – 7/25/13 Prices Up Again in Q2 But Market Hardening May Be Moderating: The Council July 24, 2013 Commercial property/casualty pricing continued to gently creep upwards in the second quarter, however signs of some moderating of increases…
Safeco has become a major Strategic Partner for SIAA and VIAA. They are writing more and more homes. Recently one of you was surprised at the opportunity to cover the farming exposure for some of their clients. Note: some farmers…
Welcome to the VIAA blog. This is a way for VIAA and members to hear about new opportunities. QUESTIONS: Are you focused on Commercial Lines, and find yourself falling behind on quotes, proposals, billing and claims issues? Do you…
