Insurers Say U.S. Natural Disasters Caused $165B Worth Of Damage Last Year

Are your insurance premiums increasing? You’re not alone. Ben Mattlin explains that 2022 was the worst year for property and casualty insurers in over a decade in his recent FA-Magazine article.

Jennifer Kim contributed, explaining the macroeconomic factors of inflation and rising interest rates had a direct impact on liabilities. She shared, “While P&C insurers receive higher bond yields, any higher-than-expected claim costs for home, auto, or other insurance lines can put a large strain on earnings.” Read more here:–says-the-insurance-information-institute-71617.html

Third Party Site

The information being provided is strictly as a courtesy. When you link to any of the websites provided here, you are leaving this website. We make no representation as to the completeness or accuracy of information provided at these websites. Nor is the company liable for any direct or indirect technical or system issues or any consequences arising out of your access to or your use of third-party technologies, websites, information and programs made available through this website. When you access one of these websites, you are leaving our web site and assume total responsibility and risk for your use of the websites you are linking to.

Dated Material

Dated material presented here is available for historical and archival purposes only and does not represent the current market environment. Dated material should not be used to make investment decisions or be construed directly or indirectly, as an offer to buy or sell any securities mentioned. Past performance cannot guarantee future results.