NI Holdings pulls back from auto markets

NI Holdings pulls back from auto markets


The decrease was primarily driven by an 80% reduction in non-standard auto premiums tied to the company’s withdrawal from those states. The decline was partially offset by a 10.1% increase in home and farm insurance, supported by rate changes, growth in North Dakota, and higher insured property values. However, retention and new business activity in Nebraska were lower during the period.


Disclaimer: This story is auto-aggregated by a computer program and has not been created or edited by finopulse.
Publisher: Source link