Lars Powell on the Alabama Insurance Market

Wall Street Journal – ICLE Academic Affiliate Lars Powell was quoted by the Wall Street Journal in a story about Alabama’s insurance market. You can read full piece here.

Home-insurance premiums in the counties have fluctuated but generally declined in recent years, according to data compiled by Lars Powell, director of the Alabama Center for Insurance Information and Research at the University of Alabama. The average premium was $1,243 in 2021, the most recent year for which data is available, compared with $1,396 in 2015.