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Retailers Casualty Insurance Company Announces Policyholder Distribution Payable

The Retailers Casualty Insurance Company board announced a $2,500,000 distribution payable for policies effective in 2022, with distributions already issued to qualifying policyholders.
Distributions are proportional to each policyholder's premium and loss ratio, with a maximum of 21.3 percent for those with zero losses.
Frank Brame, chairman, emphasized the company's commitment to rewarding policyholders who prioritize employee safety.

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Retailers Casualty Insurance Company Announces Policyholder Distribution Payable

BATON ROUGE, La., March 17, 2025 /PRNewswire/ -- The Retailers Casualty Insurance Company board of directors has declared a $2,500,000 distribution payable for policies with initial effective dates in 2022, and distributions to qualifying policyholders have been issued.

16 days ago

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CollisionWeek

US Property/Casualty Industry Swings to Underwriting Profit of $22.9 Billion in 2024 - CollisionWeek

Result marks first gain in four years. The U.S. property/casualty (P/C) industry recorded a $22.9 billion net underwriting gain in 2024, signifying the segment’s first underwriting profit since 2020, and marking a substantial swing from the $21.3 billion loss recorded in the prior year, according to a new AM Best report. These preliminary results are detailed in a new Best’s Special Report, titled, First Look: 2024 US Property/Casualty Financial…

15 days ago

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