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.

Georgia is More than Peaches and Peanuts

The U.S. Census Bureau’s 2000 census estimated the population of the State of Georgia at 8.2 million. About 79 percent of the adult residents had graduated from high school and about 24 percent had earned a bachelor’s degree or higher. …

Beyond the Bayou and Mardi Gras

The United States Census Bureau’s Census 2000 estimated the population of the State of Louisiana at 4,468,976. Approximately 75 percent of the adult residents had graduated from high school and about 19 percent had earned a bachelor’s degree or higher. …

More than the Grand Canyon and Copper

The United States Census Bureau’s Census 2000 estimated the population of the State of Arizona at 5,130,632. Approximately 80 percent of the adult residents had graduated from high school and about 24 percent had earned a bachelor’s degree or higher. …

Slow Ill. Job Market May Mean Less P/C Growth

The 2000 census estimated Illinois’ population at 12.4 million. More than 81 percent of the adult residents had graduated from high school and over 26 percent had earned a bachelor’s degree. Chicago’s 2.9 million residents comprised nearly a quarter of …

More Than a Retirement Center and an Exporter of Oranges

The U.S. Census Bureau’s 2000 census estimated the population of the State of Florida at 15.9 million. About 80 percent of the adult residents had graduated from high school and about 22 percent had earned a bachelor’s degree. The city …

Texas-More than Just the Alamo and Football

The United States Census Bureau’s Census 2000 estimated the population of the State of Texas at 20,851,820. Approximately 76 percent of the adult residents had graduated from high school and about 16 percent had earned a bachelor’s degree. Texas has …

P/C Reserving Issues

Loss and loss adjustment expense reserves are one of the more important factors utilized to scrutinize property and casualty insurance financial statements. A review of the June 30, 2003 quarterly statements of 2,569 property and casualty companies provided some interesting …

P/C Reserving Issues

Loss and loss adjustment expense reserves are one of the more important factors utilized to scrutinize property and casualty insurance financial statements. A review of the June 30, 2003 quarterly statements of 2,569 property and casualty companies provided some interesting …

P/C Company Insolvencies – Retrospective Test

When the Sept. 10, 2001 issue of the Insurance Journal carried Demotech’s predictions on the maximum number of insolvencies that would occur in the property/casualty industry over the period June 2002 through Dec. 31, 2002, who would have speculated that …

Demotech Makes Loss Reserve Development Information Available

In the 24-month period from Dec. 31, 2000 through Dec. 31, 2002, the property and casualty industry strengthened prior period loss and loss adjustment expense reserves by approximately $40 billion. Traditionally the information presented in loss reserve studies has been …