Reports: P-Cs Post A Better First Quarter
The property-casualty insurance industrys loss and expense ratio picture improved by 2.6 points in the first quarter, two separate industry sources said in reports.
A joint report from Insurance Services Office Inc. and the National Association of Independent Insurers, and a separate study by A.M. Best Company both made that finding for the combined ratio measuring loss and underwriting expenses against each dollar of premium.
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