topic Re: Hartford in Budget & Savings

Hartford

topspin43 — Fri, 01 Mar 2024 01:27:43 GMT

50% increase in 2 years. Disappointed in AARP.

RichardM476776 — Fri, 08 Mar 2024 13:31:12 GMT

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!

topspin43 — Fri, 08 Mar 2024 15:21:44 GMT

I'm done with AARP

topspin43 — Fri, 08 Mar 2024 22:35:39 GMT

GailL1 — Sat, 09 Mar 2024 02:22:38 GMT

Doesn’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