1. Losses Paid by Property/Casualty Insurers Have Steadily Increased for Decades
Total losses paid by insurers increased by $146 billion or nearly 100% from 1987 through 2007
Dip in 2006/07 was associated with drop in catastrophe losses, which is unlikely to persist. Losses and loss ratios in 2007 rose. During 2006/07, the price of many types of insurance fell.
Sources: A.M. Best; 2007 figure is annualized from 9-month ISO results; Insurance Information Institute.

2. Insurance Premiums Are Shrinking Relative to Size of Economy
Premium growth is less than GDP growth, meaning more money in the pockets of consumers
Sources: A.M. Best, US Bureau of Economic Analysis, Blue Chip Economic Indicators; Insurance Information Institute.