It is well known within auto insurance circles that there has been a significant rise in high speed auto accidents since Covid. This has led to a spike in auto fatalities. What hasn’t been explained well is why. There have been plenty of theories about fewer drivers on the road Continue Reading
Why VCs Keep Getting Insuretech Wrong
How’s that for biting the hand I am asking for food? But I think any investors reading this will hopefully realize this is valuable advice that will be helpful to them. After spending a few years now comparing how I look at investing in insuring companies and how VCs look Continue Reading
Will The FHCF Survive 2023?
Last year, I wrote after Hurricane Ian that the FHCF may collapse due to the size of the loss. While the Fund has not gone bust yet, it is perilously close. What follows is an update on the FHCF’s financial condition, its ability to handle further losses, and a projection Continue Reading
Hurricane Season Begins, The Hard Market Ends
Today is the first day of hurricane season, but it may also mark the last day of a hardening reinsurance market. While market discipline was very impressive in January, it has started to wobble in May. A month ago, I would have said pricing would remain flat to up next Continue Reading