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U.S. P/C Industry Records $26.5 Billion Underwriting Loss in 2022

March 23, 2023

The U.S. property/casualty (P/C) industry recorded a $26.5 billion net underwriting loss in 2022, down $21.5 billion from the prior year’s underwriting loss of $5 billion, according to a report published by AM Best. The underwriting loss came despite an …

https://www.maddoxinsured.com/wp-content/uploads/2023/03/Profit-and-Loss-580x387-1.jpg 387 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-03-23 09:07:072023-03-23 14:59:32U.S. P/C Industry Records $26.5 Billion Underwriting Loss in 2022

Government’s SVB Intervention Saved Insurers From Significant D&O Claims

March 15, 2023

Had the federal government not stepped in to make Silicon Valley Bank (SVB) depositors whole, providers of directors and officers insurance for startups and venture capitalists – as well as financial institutions supporting these entities – would have been staring …

https://www.maddoxinsured.com/wp-content/uploads/2023/03/SVB-Bigstock-580x435-1.jpg 435 580 wpmaddoxins https://www.maddoxinsured.com/wp-content/uploads/2020/12/maddox-insurance-agency.png wpmaddoxins2023-03-15 10:50:072023-03-15 14:59:37Government’s SVB Intervention Saved Insurers From Significant D&O Claims

Resources

  • US Small Business Administration
  • Shelby County TN Business Tax Division

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2151 Courtland Place | Memphis, TN 38104

Licensed in Tennessee, Mississippi & Arkansas

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Fax: (901) 255-9141

Lee.Maddox@maddoxinsured.com

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