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AM Best Revises US Homeowners Insurance Segment to Negative as Losses Persist

September 18, 2023

The U.S. homeowners insurance segment has been hit with three consecutive years of net underwriting losses as a result of above-average numbers of natural catastrophes, inflationary pressures and elevated reinsurance costs. These market headwinds have led AM Best to revise …

https://www.maddoxinsured.com/wp-content/uploads/2023/09/AP-Louisiana-flooded-homes-580x387-1.jpg 387 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-09-18 10:35:292023-09-18 15:01:25AM Best Revises US Homeowners Insurance Segment to Negative as Losses Persist

For the Fifth Straight Year, Surplus Lines Sees Double-Digit Growth: AM Best

September 14, 2023

Total U.S. surplus lines direct premiums written (DPW) rose by 19.2% to reach a record $98.5 billion in 2022, marking a five-year streak of double-digit growth rate increase, according to a new AM Bestreport. The new Best’s Market Segment Report, …

https://www.maddoxinsured.com/wp-content/uploads/2023/09/growth-580x394-1.jpg 394 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-09-14 11:18:392023-09-14 15:13:21For the Fifth Straight Year, Surplus Lines Sees Double-Digit Growth: AM Best

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Maddox Insurance Agency

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2151 Courtland Place | Memphis, TN 38104

Licensed in Tennessee, Mississippi & Arkansas

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Phone: (901) 335-0154
Fax: (901) 255-9141

Lee.Maddox@maddoxinsured.com

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