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1204 Search Results for: Claims

... of downward revisions in the estimated ultimate cost of claims occurring in years past. During 2011, prior-year reserve releases ...

... guarantee is that insurers will continue to face losses from claims that are as large or larger than in the past.  The bottom line, ... Rising Claim Severities: Inflation increases claims settlement costs, initially for property and eventually for liability ...

... sign of recovery was the industry’s rebound in claims paying capacity (as measured by policyholders’ surplus). ... guarantee is that insurers will continue to face losses from claims that are as large as or larger than in the past. The bottom line, ... underwriting performance through increased rates, lower claims cost, lower expenses or some combination of the three.   ...

... the winds of Wilma are still blowing — with reopened claims and new claims still coming years after the storm. No statewide data has been ...

... these risks, the magnitude of which can easily exceed the claims-paying resources of private insurers, even with TRIREA in place," he ... billion. A loss of this magnitude is nearly five times the claims paying capacity of all property/casualty insurers for TRIREA eligible ...

... in insured losses in 2008. In fact, the cost of homeowners claims for damage due to lightning strikes has increased dramatically—up 13 ... by the I.I.I. found there were more than 246,000 lightning claims in 2008, up 39 percent from 2007. These losses ranged from damage to ...

... had $559.1 billion in policyholders’ surplus to cover new claims and meet other contingencies — more than 150 times all direct insured ... industry is strong, well-capitalized, and capable of paying claims.”   “The 110.5 percent combined ratio for first-half 2011 ...

... the most important factor is the property itself, and the claims history of that property. Insurers also pay attention to the claims history of people who live in the home through loss history reports. ...

... companies paid $41 billion arising from 1.7 million claims for damage to homes, businesses and vehicles to policyholders in six ... losses in 1992 ($22.9 billion in 2007 dollars) and 790,000 claims. "While 2005 was by far the worst year ever for insured catastrophe ...

... catastrophe losses, favorable development of prior-year claims reserves totaled $5.6 billion in the first quarter of 2013, a material ... is associated with lower than expected costs for Sandy claims, whereas much of the remaining sums released are associated with older ...