annual report News

California Insurance Commissioner’s Annual Report Details Consumer Protection

The California Department of Insurance has issued California Insurance Commissioner Dave Jones’ annual report for 2011 that details CDI’s progress on its “ambitious consumer and business protection agenda.” The report, released each year around August, details the work of the …

Aon Study: U.S. Home Insurance Rates Don’t Reflect True Costs

U.S. insurers’ prospective after-tax return on equity for homeowners insurance is 4.8 percent on average, a decrease from the 6.9 percent of 2010, mainly due to subdued investment returns and higher estimates of non-coastal losses. That calculation comes from Aon …