IIAN provides this 2023 Nebraska Annual P&C Marketplace Summary covering our state's property and casualty (P&C) insurance marketplace as a benefit of your membership.
This data is assembled at the National Association of Insurance Commissioners (NAIC) and aggregated by industry data-watchers, such as A.M. Best Company, Inc.
| Total (All Lines) Premiums | $861,485,443,000
| $6.9 Billion (#36) | $104.8 Billion (California-#1)
| $1.5 Billion (Vermont-#51) |
| Total (All Lines) Per Capita Premium | $2,585
| $3,509 (#4) | $4,657 (North Dakota-#1) | $1,803 (Ohio-#51) |
| Personal Lines Per Capita Premium | $1,233
| $1,311 (#13) | $1,788 (Florida-#1) | $885 (District of Columbia-#51) |
Commercial Lines Per Capita Premium
| $860
| $888 (#16)
| $1,830 (District of Columbia-#1)
| $512 (Ohio-#51)
|
What follows is a graphic and numeric presentation of the Nebraska P-C industry data from an independent agent's perspective. The data used in this summary is the annual data for 2022, which is the most recently available from A.M. Best Company.
This summary emphasizes direct premiums, direct losses and the associated direct underwriting results before reinsurance. As independent agents, this is the marketplace experience for the business we place (or compete against) for our clients in Nebraska. Included in this summary is data from nearly 3,000 insurers that are domiciled in the United States, and if they have written premiums in Nebraska, then their data is included in this summary.
This 2023 Nebraska Annual P&C Marketplace Summary provides you with the following important information on the Nebraska P&C Marketplace:
- Premiums for all 32 P&C lines of business in Nebraska,
- The Top 10 lines for independent agents,
- Growth rates,
- Loss ratios,
- Penetration rates and trends,
- Commission rates, and
- Surplus lines utilization rates.
United States national data on each of the above is also furnished, to give perspective.
For those readers interested in line of business details, a separate page is provided for each of the lines of business that independent agents work with most in Nebraska. For each of these lines of business data on premiums, loss and combined ratios, top insurers, surplus lines utilization rates and other facts are provided.
Data sources 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