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Insurance profits surge with no rate cuts expected
Auto insurers report strong profits after years of rising rates and costly claims. State Farm and Allstate deny planned rate reductions, while premium levels and deductibles influence customer behavior and claim filing. National patterns vary, with some firms posting gains and others narrowing losses as underwriting tightens.
MENTIONED IN THIS ARTICLE
New York
Idustry
Jim Stahty
State Farm Insurance
Allstate Insurance Co
Allstate
Sears, Roebuck & Co
State Farm
Nationwide Mutual
Ulica National Insurance Group
Insurance
Snd
al Haggerty
Insurance Information Institute
National Safety Council
Chicago
Haggerty
Ley