Investors spend a lot of time modeling the earnings of insurance companies and I was no different. However, I never found traditional GAAP models satisfying, so I had a number of alternate ways of looking at the quality of an insurer’s earnings. Today, I thought I’d share one as it Continue Reading
This Cat Market Cycle Is Not Like The Others
Reinsurance prices were up ~50% at January 1. While most observers would tell you my hurricane is responsible, I think that’s a myth. What we are now experiencing is a market hardening unlike previous cycles, except one. It is acting like the oil market of last year. What do I Continue Reading
What You Missed This Week
Going to try something new this week since I didn’t have time for a full post (don’t worry, one is largely done for next week). So if I didn’t post anything this week, what did you miss? Plenty! I share a number of shorter thoughts on Twitter that aren’t enough Continue Reading
The Most Value Destructive Thing An NFL Team Can Do
Editor’s Note: 1) The annual NFL playoff predictions are back at the end of the post.2) If you missed yesterday’s post on the amazing Informed deductible calculator, give it a look. So much of success in professional team sports comes from decisions made off the field. It’s not enough to Continue Reading
Introducing The Informed Deductible Savings Calculator
If you missed yesterday’s post, you may want to start there to get the background. So yesterday, I made the case that there is a problem with how insurance buyers are given poor advice and end up with expensive low deductibles that often aren’t in their best interest. I’m sure Continue Reading
What the Insurance Company Doesn’t Want You To Know
Volume I: Your Deductible Is Too Low Editor’s Note: This is going to be a record setting week…for the first time, there will be not one, not two, but three posts in a week! There will be a follow up to this tomorrow and then my Super Bowl predictions are Continue Reading
New Year’s Flashback: Revisiting Past Predictions
Last week, I looked back at some of 2022’s predictions, but this blog has made a lot of successful predictions over the years. In fact, I think it’s one of the core strengths of what I do here. I sometimes forget most people reading probably have not been around for Continue Reading
Grading My 2022 Predictions: Pretty Good!
At the beginning of the year, I did a silly thing. I made a bunch of predictions for the year. This blog has a pretty strong record of predictions over the years, but I had never fallen for the nonsense of making topical annual predictions…until this year. Now, the thing Continue Reading
Florida Fails To Avert the Imminent Insurance Crisis
Florida held a special legislative session last week to try to save the homeowner’s insurance market. While they accomplished some positive long term improvements, unfortunately, they did little to address the looming capacity crisis. This means a lot of Floridians are going to find themselves either a) without insurance or Continue Reading
Can The Florida Insurance Debacle Be Solved?
Florida is holding another special legislative session this week to address the failed home insurance market. With FHCF wobbling, the future of many private insurers in the balance, and many residents being priced out of the market, the need for a solution has never been more pressing. Currently, nearly every Continue Reading