In the May 14 edition of National Underwriter, incorrect industry totals were displayed on a personal lines market share report on page 22. The correct totals are as follows:
o 3-Year Average Growth: 3.0%
o 2006 Growth: 1.8%
o 2005 Growth: 2.4%
o 2004 Growth: 4.9%
o Direct Written Premiums 2006 ($000): $225,819,808
o Direct Written Premiums 2005 ($000): $221,728,118
o Direct Written Premiums 2004 ($000): $216,608,255
o Pure Loss Ratio 2006: 55.3%
o Pure Loss Ratio 2005: 63.8%
o Pure Loss Ratio 2004: 60.4%
o Commission Ratio 2006: 10.4%
The complete personal lines market share chart, including the corrected totals, is available by clicking on this story in the “News” section under “This Week” on NU's Web site at www.propertyandcasualtyinsurancenews.com.
© Arc, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to TMSalesOperations@arc-network.com. For more information visit Asset & Logo Licensing.