Insurance Industry – The Inflation And Issuance Challenges
By Hiroshi WatanabeBy Michael Pensky, CFA; Tom Becker “State Farm and Allstate Exit California;” “Farmers becomes latest company pulling out of Florida;” “In Louisiana, more than 20 companies have shut down or left the state.” Newspaper headlines like these have appeared with disconcerting regularity in 2023. They call to mind the last large disruption to…