The listing of most profitable property-casualty insurance organizations based on combined ratio measures included in the Dec. 4, 2006 edition of National Underwriter omitted one profitable group–Accident Fund Insurance Company and Affiliates–and had another profitable company (Seabright Insurance) ranked near the bottom of the list.
The problems occurred because of the rigidity of NU's criteria for constructing the rankings. A clarification follows:
In the first case, one of the criteria that pushed Lansing, Mich.-based Accident Fund off our list states that the only eligible organizations for our ranking are individual insurers that are not part of a larger group, or organizations that reported combined results to regulators in 2005 (combined filers).
Recommended For You
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
