Policyholder Dividends Soar as Auto Insurers Respond to Pandemic

Posted on

Policyholder dividends have more than tripled so far this year, due largely to approximately $14 billion auto insurers have returned to policyholders in response to reduced driving and fewer accident claims related to the COVID-19 pandemic. According to National Association of Insurance Commissioners (NAIC) data from Standard & Poor’s Global Market Intelligence, insurers issued $4.8 […]

Read More

Policyholder Surplus Matters: Here’s Why

Posted on

Perhaps the most emotionally compelling data point invoked by those who would compel insurers – through litigation and legislation – to pay business-interruption claims explicitly excluded from the policies they wrote is the property/casualty insurance industry’s nearly $800 billion policyholder surplus.  Many Americans hear “surplus” and think of a bit of cash they have stashed […]

Read More