Co-operators General Insurance Company Reports First Quarter 2013 Results
first quarter of 2012. This is attributable to more realized gains and
less impairment losses, which offset lower interest income and the
negative change in fair value over the same period last year.
The combined ratio, excluding the market yield adjustment (MYA) for the
quarter was 95.4% compared to 91.3% for the comparable period last
year. Undiscounted net claims and adjustment expenses have increased by
11.8% from the first quarter 2012, bringing the loss ratio to 61.0%,
excluding MYA for the first quarter. This is the outcome of more
accident year claims and unfavourable claims development. Unfavourable
claims development in the first quarter of 2012 was unusually low; the
first quarter of 2013 reflected more characteristic levels. The expense
ratio decreased 1.0 percentage point to 34.4%, compared to 35.4% for
the same period in 2012. Our expense ratio has improved due to our
continued focus on holding expenses while growing premium.
Our portfolio composition is conservative and is comprised of high
quality and well diversified assets. The credit quality of our
portfolio remains high with 92.7% of our bonds rated A or higher. Our
equity portfolio is 81.7% weighted to Canadian stocks.
What are the bminimum/b liability requirements for bauto insurance/b in b.../b
What are the minimum liability requirements for auto insurance in Texas?
I was notified by my insurance agent that there will be a new minimum liability coverage as of April, 1, 2008 here in Texas.
Do any of ya’ll know the answer to this? I found some info on the internet, but it only talks about the current minimum requirements, not the ones coming up.
I also want to know this information so I can know what to expect and see where my insurance pricing/quote will be ranging. (I am a female, 18, and single). I also dont want to get ripped off )
From 20/40/15 to 25/50/25
“Texas law states that a person may not operate a motor vehicle in this state unless financial responsibility is established for that vehicle. Most people do this by buying automobile liability insurance. The law currently requires minimum coverage of ,000 per injured person, up to a total of ,000 for everyone injured in an accident, and ,000 for property damage (20/40/15 coverage). On April 1, 2008, the minimum required liability limits increase to ,000 per injured person, ,000 for everyone injured in an accident, and ,000 for property damage (25/50/25). “