Industry Analysis & Industry Trends
Demand for property and casualty insurers remains relatively constant, despite auto and home sales, because the stock of these assets is generally constant. Auto and home sales can influence property and casualty (P&C) premiums, though, because the value of these assets is one of the main determinants of premium prices. Consequently, P&C premiums will be slightly boosted by new car sales and improvements in real estate values toward the end of the next five years.... purchase to read more
What is the Homeowners' Insurance industry?
This industry underwrites (i.e. assuming the risk and assigning premiums) homeowners' insurance policies. Homeowners insurance protects against loss or damage to property due to theft, fire and other causes. It also protects against personal liability that may arise from injury on one's property... purchase to read more