U.S. P/C Mutual Insurers Still Saw Premium Growth Despite 2020 Pandemic Givebacks: AM Best

U.S. P/C mutual insurance companies held their own in 2020 despite returning significant levels of premiums during the pandemic. The report noted that homeowners multiple peril grew .5 billion while the personal auto lines declined .6 billion. Companies used a number of financial methods to get their unforeseen one-time cash flows back to…