Insurance is cyclical and trends change over time. This report dissects Carrier renewal Volume, Rates and Premium changes at the industry, class and state levels to identify and stay on top of those trends. Surfacing sales relevant intelligence along the way.
Highlights
- 2.3% decline in policy volume
- Based on LCM filings, most competitive on Retail (8017) Stores for new business with a 7% decrease
- LCM’s averaging 1.655 to 1.89 most recently
- Based on Premium, most competitive on Schools (8868), averaging a 20% reduction on new business
- Delivered 6-8% premium increases most recently
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