direct premiums written News

Corner Turned? Top Florida Insurers See First Profit in Seven Years, S&P Global Says

Florida’s beleaguered property insurance market is starting to look normal again, with the top insurers in the state showing a collective profit for the first time in seven years, S&P Global Market Intelligence reported this week. The turnaround for 2023 …

Dividend Declared in Oregon Restaurant and Lodging Liability Program

Liberty Mutual Insurance recently declared a 5 percent dividend for businesses participating in the Oregon Restaurant and Lodging Association Safety Group Dividend Property & Liability Program. The nearly $165,000 dividend is 5 percent of eligible earned premiums to be distributed …

Workers’ Comp Results Deteriorated for Northeastern States Last Year

Most states in the northeastern region reported deteriorating workers’ compensation underwriting results last year, according to latest data from A.M. Best. Pennsylvania, New Jersey, Delaware, Maine and Rhode Island were especially hard-hit. Pennsylvania’s direct premiums written fell 8.6 percent last …