U.S. Homeowners Insurers See High 2011 Combined Ratios Thanks to Storm Activity

Check out how storm damage impacts Homeowners Insurance premiums:

Leading U.S. homeowners insurers recorded combined ratios well over 100 in 2011 due mainly to storms througout the year, according to SNL Insurance analysis.  According to the data, the industry’s homeowners insurance combined ratio for the year was nearly 122, up from 106.5 in 2010. The top 20 homeowners insurers reported a combined ratio of just under 121 in 2011 and none of the top 20 insurers had a combined ratio under 100.

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http://www.propertycasualty360.com/2012/05/11/us-homeowners-insurers-see-high-2011-combined-rati?utm_source=PC360DailyeNews&utm_medium=eNL&utm_campaign=PC360_eNLs