Annual Report

“For 2018, the U.S. property and casualty insurance industry experienced its third consecutive year of losses, driven primarily by above-average catastrophic property claims. Insurance Board program losses have nearly mirrored this trend over the past three years, with property losses for years 2016, 2017, and 2018 running above historic averages.”

-Excerpt of “A Message from our President” by Timothy Harris, President and CEO of Insurance Board, 2018 Annual Report.