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The NCCI reported the sector had a combined ratio of 84 in 2022, marking the sixth consecutive year with a combined ratio below 90.

The latest report from J.D. Power shows auto insurance shopping is up YoY – driven by increasing premiums.

The worst affected market was Boise, Idaho, where the cost of a home fell 15.4% in the year.

While underwriting losses are expected to improve, a return to profitability might be out of reach for 2023.

Fitch Ratings projects that workers' comp will see a combined ratio of 92% for 2022.

The coming year should see some stabilization in the personal auto space, but car insurers might not break even until 2024, Fitch Ratings reports.

The past year saw strong growth in the E&S market. Will 2023 hold more of the same?

Issues slated to be addressed include boosting the availability of critical reinsurance and bolstering the financial stability of the state's insurer of last resort.