With interest rates up significantly since the beginning of 2022
and equity markets having turned negative and volatile with the
S&P 500 closing out the first half of 2022 down nearly 21%,
insurance company investment and equity portfolios have been and
may continue to be adversely affected....
As the cost of building and maintaining a home increases in Columbia SC, so do insurance premiums. Historically, South Carolina homeowners have paid an average of $1,139 per year, but that number is expected to increase by 22% by 2022. These increases are due...
Sep. 14—Following a devastating fire in Colonial Philadelphia, Ben Franklin co-founded the first American property insurance company in 1752. Then as now, the role of an insurer was to collect sufficient premiums to cover losses over time. Franklin established premiums based on estimated...
