As Insurance Policy Holders Pay Record Rates, Industry Executives Rake in Record Pay

As Insurance Policy Holders Pay Record Rates, Industry Executives Rake in Record Pay

Among the big U.S. property & casualty insurers that publicly report executive compensation, C-suite pay is rising fast, a new analysis from the Revolving Door Project and Public Citizen has found. At nine of the top 25 homeowners insurance writers—comprising 24% of the market—42 executives took home a collective $310 million last year, up 21% from 2022. That’s more than $7 million per executive, on average. Between 2023 and 2024, all nine compa…