Personal Lines State Study - 2023 Edition


Price : $2,750.00



It is critical to the planning function to understand how and why state insurance market performance varies. A company’s plan should include a sense of expectations for profitable growth in a given territory or for a given line of business. Developing informed assumptions for an assessment of growth expectations is a critical element of the plan. Monitoring performance involves not only recording performance via the bottom-line metrics, but also monitoring performance of the underlying assumptions. Understanding variances in assumptions is critical to developing a more robust plan.


Conning’s Personal Lines State Study provides a detailed look at the premium growth outlook in each of the states (and the District of Columbia). The review focuses on the unique characteristics of each state that cause its outlook to diverge from Conning’s national forecast. We review historical performance, legislative and regulatory changes, as well as economic and demographic trends, with an eye on the key drivers of state premium growth and profitability.


 



Table of Contents:



  • Introduction

  • Methodology

  • Individual State Environmental Analyses

    • Description

    • States with Significant Rank Improvements

    • States with Significant Rank Declines