Fair enough, the comparable number in car insurance is 97%: The personal auto insurance combined ratio rose by 1.4 percentage points in 2015 to 97.3 percent fo

Fair enough, the comparable number in car insurance is 97%: The personal auto insurance combined ratio rose by 1.4 percentage points in 2015 to 97.3 percent for a group of 10 publicly traded insurers. http://www.insurancejournal.com/magazines/features/2016/03/07/400394.htm http://www.insurancejournal.com/magazines/features/2016/03/0... When interest rates are higher car insurance runs > 100% loss ratio. They stay profitable by earning short term interest on premiums before paying out claims. In a different insurance vertical fixing loss ratios at 80% would be called a cartel, and would put involved executives into prison for a good long time. In healthcare the government forms the cartel, fixes the prices, gives money to poor to become consumers, and then fines everybody who won't become the consumer. said Brer Rabbit. "Only please, Brer Fox, please don't throw me into the briar patch."