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Insurers risk insolvency if expenses and losses continue to climb – report

By February 13, 2023FL Insurance News

Written by Lyle Adriano on insurancebusinessmag.com

‘A new paper from the Insurance Information Institute (Triple-I) has found that US auto and homeowners’ insurance premiums rates did not keep up with the inflation rate in 2020 and 2021 – a decision that has led to the significant premium increases that began last year and will continue well into 2023.’

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