Articles by Joseph L. Petrelli

Petrelli is the president and co-founder of Demotech, Inc., a Columbus, Ohio-based financial analysis and actuarial services firm. Visit Demotech.com for additional information.

Producer Protection Introduced During Turbulent Times

On Sept. 16, 2008, the Wall Street Journal announced “U.S. to Take Over AIG in $85 Billion Bailout.” An insurance holding company, internationally known and geographically diversified on a global basis, owning some of the largest insurers in the world …

Premium Growth: Top 25 P/C Premium Gainers Through Q2 2007

Vita Sackville (1892-1962) was a British novelist and poet. In 1928, she wrote, “Growth is exciting; growth is dynamic and alarming.” Eighty years later, her description of growth is more accurate than ever. With the insurance industry in a particularly …

Premium Growth: Top 25 Workers’ Compensation Companies

Workers’ compensation direct premiums written (DPW) for calendar year 2007 exceeded $46 billion. This represented a slight decline from year-end 2006’s $47.2 billion. However, using 2003 as a reference point, DPW was $37.6 billion. The 2007 DPW represents an increase …

Why Regional Insurers Rate

Regional and Specialty Carriers Are Critically Important Carriers in the Marketplace This year, 2008 marks the second year that Demotech, Inc., as Insurance Journal‘s Official Research Partner, has published our Company Classification System, including the list of Super Regional Property/Casulaty …

Why Regional Insurers Rate

Regional and Specialty Carriers Are Critically Important Carriers in the Marketplace This year, 2008 marks the second year that Demotech, Inc., as Insurance Journal‘s Official Research Partner, has published our Company Classification System, including the list of Super Regional Property/Casulaty …

Why Regional Insurers Rate

Regional and Specialty Carriers Are Critically Important Carriers in the Marketplace This year, 2008, marks the second year in a row that Demotech Inc., as Insurance Journal‘s official research partner, published our company classification system, including the list of Super …

Premium Growth: Top 25 P/C Premium Gainers in 2007 Versus 2006

President Calvin Coolidge noted that “All growth depends upon activity. There is no development physically or intellectually without effort, and effort means work.” That being the situation, the following 25 companies exerted a lot of effort and work during 2007. …

Premium Growth: Top 25 P/C premium gainers for first quarter 2007

“Growth is not constant and smooth. … I ain’t what I ought to be. … I ain’t what I am going to be, but I am not what I was.” I am certain that Erik Erikson, Stella Chess and Jane …

Top 25 workers’ comp insurers represent nearly half of market

Workers’ compensation direct premiums written for calendar year 2006 exceeded $47 billion. At year-end 2002, it was nearly $34 billion. This represents an increase of 40 percent. However, over the same period, the Top 25 carriers increased their direct premiums …

Property/Casualty State Specialists

The late Speaker of the House of Representatives “Tip” O’Neill once said, “All politics is local.” To paraphrase, all insurance is local. This is why a large number of state specialists thrive in the property and casualty insurance marketplace. As …