Day: September 20, 2020

Policyholder Surplus Matters: Here’s Why

Policyholder Surplus Matters: Here’s Why

September 20, 2020

Perhaps the most emotionally compelling data point invoked by those who would compel insurers – through litigation and legislation – to pay business-interruption claims explicitly excluded from the policies they wrote is the property/casualty insurance industry’s nearly $800 billion policyholder surplus.  Many Americans hear “surplus” and think of a bit of cash they have stashed […]

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