
America is trying to tackle an affordability problem while BIG insurance profits more than ever. Americans are being overcharged by $150 billion annually to insure their homes, autos, and businesses. For every $1 collected in premiums, insurers reimbursed 62 cents for claims in 2024, down from an average loss ratio of 80 cents in the 1980s and 1990s. Despite BIG insurance’s constant efforts to shift blame, hardworking Americans understand that the industry has no one to blame but itself. apnews.com/article/insura…

















