Personal lines marketplace in NY

[NY independent]

Hard market came in tough and fast. Carriers losing big money on auto and reinsurance costs are high so you won't be seeing Flo, Jake, and Mayhem as much any more. Allstate, Nationwide, Progressive,Travelers (not so much) are taking rate big time but we are still getting hurt by State Farm. Does anyone know how they are doing and are they taking rate in NY? I can't find anything published. We used to get hurt by Geico but I haven't lost to them in months (yay!). Looks like I have to move my UPC book (yuk).

 

[fed up]

What one does in this industry is generally followed by everyone else.

 

[marindependent]

but we are still getting hurt by State Farm. Does anyone know how they are doing and are they taking rate in NY?

No - but we have a similar challenge here in CA. Wildfire risk for home insurance and no one, I mean no one will do it, except SF. Lloyds $19,800 vs State Farm at $2,300.

Something is missing here.

 

[NY independent]

Sounds like their CA product manager is asleep!