> > For every dollar in home and auto premiums they collected last year, insurance companies paid an average of $1.10 in claims and expense Insurers also didn'

> > For every dollar in home and auto premiums they collected last year, insurance companies paid an average of $1.10 in claims and expense Insurers also didn't sit on those home and auto premiums, they invested them. They also worked with re-insurers to mitigate their costs, so some of that $1.10 was "pass-through". Other years they've paid $0.90 for every $1 in premiums they collected, but I didn't see a rate fall then.