CollisionWeek

Your source for the latest collision repair industry news, statistics and trend analysis.

  • News
  • Research
  • Feature
  • Subscribe
You are here: Home / Archives for American Property Casualty Insurance Association

Property & Casualty Insurers’ Q1 Net Income Grows as Profitability Ratios Worsen

July 26, 2021 By CollisionWeek Editor

Q1 2021 P/C Profitability

U.S. industry notches strong first quarter, but catastrophes hamper underwriting performance, according to Verisk and APCIA Private property/casualty insurers in the United States saw their net income after taxes increase in the first quarter of 2021 from a year earlier, while their combined ratio – a key measure of underwriting profitability – worsened, according to […]

Filed Under: News Tagged With: American Property Casualty Insurance Association, Profitability, Property Casualty Insurance, Verisk

Insurance Association Calls for Expanded Marijuana Consumer Safety Research on National Weed Day

April 20, 2021 By CollisionWeek Editor

An American Property Casualty Insurance Association (APCIA) reaffirmed the need for expanded consumer safety, research, and standards related to marijuana impairment. In a statement released in conjunction with National Weed Day today, Jeff Brewer, vice president of public affairs, said, “National Weed Day should serve as a reminder about the dangers of driving under the […]

Filed Under: News Tagged With: American Property Casualty Insurance Association, Marijuana Legalization

Insurance Association Warns Florida Senate No-Fault Repeal Legislation Could Lead to More Uninsured Drivers

April 16, 2021 By CollisionWeek Editor

APCIA logo

In a statement April 15 issues in response to the the passage of Senate Bill 54 (Motor Vehicle Insurance) to repeal no-fault insurance by the Florida Senate, the American Property Casualty Insurance Association (APCIA) warned the bill would impact lower-income drivers the most and would increase uninsured drivers. Logan McFaddin, assistant vice president of state […]

Filed Under: News Tagged With: American Property Casualty Insurance Association, Florida, legislation

Property & Casualty Insurers Report 27.5% Drop in Net Income During First Nine Months of 2020

February 9, 2021 By CollisionWeek Editor

PCI Q3 2020 Insurance Profitability

Pandemic and record number of catastrophes in the United States impact insurance industry. In the first nine months of 2020, the private U.S. property and casualty (P&C) insurance industry dealt with the effects of the COVID-19 pandemic as well an historic catastrophe season, according to a report from Verisk (NASDAQ:VRSK), a leading global data analytics […]

Filed Under: News Tagged With: American Property Casualty Insurance Association, Profitability, Property Casualty Insurance, Verisk

P/C Insurers Report a 26% Drop in Net Income in First-Half 2020

October 28, 2020 By CollisionWeek Editor

Q2 Net Income

Industry results show effects of COVID-19 according to Verisk and the APCIA. Net income for the private U.S. property/casualty insurance industry dropped 26% in the first half of 2020, as the effects of COVID-19 began to hurt insurer underwriting results and investment gains, according to Verisk (NASDAQ:VRSK), a leading data analytics provider, and the American […]

Filed Under: News Tagged With: American Property Casualty Insurance Association, Earnings, Property Casualty Insurance, Verisk

Property/Casualty Insurance Industry Surplus Declined $75.9 Billion in the First Quarter

July 28, 2020 By CollisionWeek Editor

PC Profits Q1 2020

Downturn in stock market in face of pandemic hits insurer investments. Net written premiums were up in calm before the storm. The surplus for the private U.S. property/casualty insurance industry dropped by $75.9 billion in the first quarter of 2020—its largest-ever quarterly decline—as the stock market suffered a major downturn, according to Verisk (NASDAQ:VRSK), the […]

Filed Under: News Tagged With: American Property Casualty Insurance Association, Earnings, ISO, Property Casualty Insurance, Verisk

America’s Recovery Fund Coalition Reiterates Call for Congress to Assist Business

June 15, 2020 By CollisionWeek Editor

ARFC Going Out of Business One Pager

Today, America’s Recovery Fund Coalition (ARFC) launched a national Going Out of Business advocacy campaign highlighting the bleak economic landscape created by COVID-19, emphasizing the need for Congress to immediately create a Recovery Fund.  “It is time to accept our shared economic reality: America’s recovery will be long, slow, and, without further fiscal support from […]

Filed Under: News Tagged With: American Property Casualty Insurance Association, America’s Recovery Fund Coalition, Auto Care Association, Automotive Service Association, Society of Collision Repair Specialists

Collision Repair and Insurance Associations Join with Over 100 Trade and Business Groups to Advocate for Additional Federal Grants

May 8, 2020 By CollisionWeek Editor

America’s Recovery Fund Coalition logo

The Automotive Service Association (ASA), the Society of Collision Repair Specialists (SCRS), the American Property Casualty Insurance Association (APCIA) as well as groups representing insurance agents, joined with more than 100 trade associations and business organizations spanning 30 business sectors and representing 58 million employees, fully 45 percent of the American workforce, to announce the […]

Filed Under: News Tagged With: American Property Casualty Insurance Association, America’s Recovery Fund Coalition, Automotive Service Association, Coronavirus, Society of Collision Repair Specialists

Property/Casualty Insurers Report Solid Results in 2019

May 7, 2020 By CollisionWeek Editor

Net Income After Taxes

Industry expected to face challenges this year due to COVID-19. The private U.S. property/casualty insurance industry had solid results in 2019, with increases in net income, underwriting gains, and policyholders’ surplus, but faces considerable challenges in 2020 as the effects of the COVID-19 pandemic unfold, according to Verisk (NASDAQ:VRSK), a data analytics provider, and the […]

Filed Under: News Tagged With: American Property Casualty Insurance Association, Profitability, Property Casualty Insurance, Verisk

Property/Casualty Insurers Report Increase in Net Underwriting Gains in First 9 Months of 2019

January 17, 2020 By CollisionWeek Editor

Net Income after Taxes

Net income shows small decline, but industry has record Surplus of over $70 billion. The private U.S. property/casualty insurance industry saw its net underwriting gains increase to $5.4 billion in the first nine months of 2019 from $4.7 billion a year earlier, bolstered by growth in premiums and a drop in catastrophe losses, and its […]

Filed Under: News Tagged With: American Property Casualty Insurance Association, Profitability, Property Casualty Insurance, Verisk

  • « Previous Page
  • 1
  • 2
  • 3
  • 4
  • Next Page »

Interview Sponsors

IBIS Publisher Partner

Login

Remember Me
Subscribe | Lost your Password?

Tags

AAA AASP/NJ Acquisitions Advanced Driver Assistance Systems Agreements Signed Annual Conference Auto Care Association Automotive Service Association Autonomous Vehicles Awards Axalta Coating Systems Board of Directors Boyd Group California Canada Career and Technical Education CARSTAR CCC Collision Industry Electronic Commerce Association Collision Repair Education Foundation Coronavirus Crash Champions Diagnostics Donations Earnings Electric Vehicles Florida I-CAR Lawsuits legislation LKQ Corporation National Auto Body Council Network Affiliations New Jersey New Vehicle Sales Non-OEM Parts Openings People PPG Industries Regulations Right to Repair Scholarships Texas United Kingdom Workforce Development

Recent Articles

  • Travelers to Sell Canadian Insurance Operations to Definity for $2.4 Billion May 28, 2025
  • Oklahoma Storage and Total Loss Administrative Charge Price Control Bill Becomes Law May 28, 2025
  • LKQ Publishes 2024 Global Sustainability Report May 28, 2025
  • Fix Auto Franchisee Opens 6th Location in California May 28, 2025
  • Florida Body Shop Owner Pleads Guilty to Bank Fraud May 28, 2025
  • Liberty Mutual Insurance Donates $25,000 to Collision Engineering Career Alliance May 27, 2025
  • CARSTAR Adds Collision Repair Center in Deerfield Beach, Florida May 27, 2025

CollisionWeek Membership

  • Login
  • Lost Password
  • Membership Details
  • Register
  • Sponsors
  • Subscription Information
  • Terms of Use for CollisionWeek

More Information

About CollisionWeek
Contact Us
Privacy Policy
Event Calendar
Take the Collision Repair Business Conditions Survey

Copyright 1999-2025 - QuanDec Corporation - All Rights Reserved · Log in