OII Annual Meeting Public Information Report. “Relax, honey – change is good!”

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Presentation transcript:

OII Annual Meeting Public Information Report

“Relax, honey – change is good!”

#1 Staying relevant #1 Staying relevant Remember these?

#1 Staying relevant #1 Staying relevant

#2 M ultiple news sources & preferences #2 M ultiple news sources & preferences

#3 Shrinking newsrooms #3 Shrinking newsrooms PD stats: 415 in mid-2000s 372 in in in early summer 2013 Now 120

#4 Cats

Ohio Cat: July 10

3 tornadoes 263,000 homes and businesses lost power $72–85 million insured losses in Ohio Ohio Cat: July 10 Source: PCS estimates & OII survey

#5 Ohio Auto & HO Premium Trends #5 Ohio Auto & HO Premium Trends Top 10 Ohio writers for 2012: HO 7.6% = $50/yr HO 7.6% = $50/yr Auto 4.1% = $26/yrAuto 4.1% = $26/yr 6 th lowest avg. homeowners premium 9 th lowest avg. auto insurance premium

HO Coverage Trends & Survey

Worth Noting: New Edition Worth Noting: New Edition

Parting Shots

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