S&P: P-C Failure Rate Is High And Low

NU Online News Service, April 3, 10:51 a.m.EST? The rate of collapse among property insurers lastyear was a case of bad news-good news, according to an analysis byStandard & Poor's.

While the p-c line ranked first in failures among insurancesectors for the second straight year in 2001, the failure figurefor p-c companies was actually not as bad as the preceding year,S&P found.

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