American Family Insurance

2022 statutory data is now available, and results show winners and losers

Five auto insurers receive approval to raise rates after 32-month halt by the California Department of Insurance.

Claims analysis shows slow reactions to negative trends can affect several quarters, but carriers who emerge strong will be able to pursue growth faster than the competitors who are always playing catchup on loss cost trends.

The newcomers are finding it more difficult to disrupt the sector than they had expected.