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Regular Contributor

Hartford

 50% increase in 2 years. Disappointed in AARP. 

Honored Social Butterfly

@topspin43 

Doesnโ€™t sound like the auto and homeowners P&C contributed to this gold rush in 2023 even with some higher premiums in 2023 -

From the link you gave:

 

  • Personal Lines loss and loss adjustment expense ratio of 82.2 compared with 73.4 in 2022, including a 0.8 point change from favorable PYD in 2022 to unfavorable PYD in 2023 and 0.7 points of higher CATs. Underlying loss and loss adjustment expense ratio of 74.1 in 2023 compared with 66.8 in 2022, with the increase largely due to higher severity in auto liability and physical damage, and higher non-CAT homeowners losses, partially offset by double-digit earned pricing increases benefiting both auto and homeowners.

This would probably mean that this has to be made up somewhere - like with the people who own the policies - auto ands/or homeowners

 

 

It's Always Something . . . . Roseanna Roseannadanna
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40.33% here! AARP should be ashamed that they are promoting a company that returned 1.9 Billion in 2023 to shareholders and does this to seniors!

Regular Contributor

I'm done with AARP

Esteemed Social Butterfly

(3/8/24) GOOD for you @topspin43 !!!  I have NEVER had Hartford and will NEVER. I am only here to Chat in the AARP Grief & Loss Forum. Hate to see you go...  ๐Ÿ˜Ž

 


[*** @topspin43 wrote:

I'm done with AARP ***]


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Esteemed Social Butterfly

(3/8/24) @RichardM476776 , AARP "ashamed" - h.ll NO = Hartford is paying them WELL!!!  ๐Ÿ˜Ž

 


[*** RICHARD @RichardM476776 wrote:

40.33% here! AARP should be ashamed that they are promoting a company that returned 1.9 Billion in 2023 to shareholders and does this to seniors! ***]


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