Demotech to present findings on insurance loss cost granularity in Dallas

On November 14, 2026, Demotech will present findings at the National Association of Insurance Commissioners fall meeting in Dallas, Texas. Demotech's President, Joseph L. Petrelli, stated that current loss cost presentation formats are outdated and need enhancement. He proposed introducing additional granularity in loss and loss adjustment expense information.

The proposal suggests allocating incremental loss and loss adjustment expense costs from emerging phenomena, such as climate change, natural disasters, and tech-enabled litigation, to the premium charged at the street address level of the insured. This level of detail would provide stakeholders with an understanding of the incremental premiums associated with each specific phenomenon.