IIAN announces a new service for member agencies and partners - a customized summary of the 2019 property-casualty (p-c) insurance marketplace.
This report will be updated in 2021 as the data is assembled at the National Association of Insurance Commissioners (NAIC) and aggregated by industry data-watchers, such as A.M. Best Company, Inc.
Nebraska accounts for about 1% (.72%) of all U.S. direct written p-c premiums. Although the percentage on its own may seem small as a stand-alone figure, the premiums per capita is actually above the U.S. average. With approximately 2 million persons in Nebraska versus the 328 million persons in the U.S., p-c premiums per person in Nebraska are $2,654 versus the U.S. average of $2,117.
|Direct Written Premium||5,134,114,000 ||3,174,279,000||693,349,283,000||403,712,347,000|
|.74% of USA||62% (of all NE)|| ||58%|
Unlike most industry watchers of insurer profitability and insolvency, we used direct written premiums—not net written premiums. This is to be consistent with our member agent’s view of the insurance world. Data source, and tips on how to read the data can be found on the MORE INFORMATION tab below.
Source: © A.M. Best Company — Used by Permission; US Census Bureau