P/C Insurers Remained Profitable In 2020’s First-Half Despite Challenges

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Dr. Steven Weisbart The U.S.’s property/casualty (P/C) insurers turned in a profitable performance in 2020’s first-half even as the industry’s net income dropped 26 percent compared to 2019’s first-half, according to Dr. Steven Weisbart, Chief Economist, Insurance Information Institute (Triple-I). “The first half of 2020 was by most measures financially successful for insurers writing P/C […]

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Fed’s Rate Move Portends Long-Term Challenges for P/C Insurers

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Dr. Steven N. Weisbart, CLU, Triple-I Senior Vice President and Chief Economist “The FOMC’s action will likely keep longer-term rates exceptionally low for several years more.” The Federal Open Market Committee (FOMC) of the Federal Reserve Board  recently spelled out its objectives and strategies for at least the next several years—describing a financial framework they […]

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