Reports: P-Cs Post A Better First Quarter

The property-casualty insurance industrys loss and expense ratiopicture improved by 2.6 points in the first quarter, two separateindustry sources said in reports.

A joint report from Insurance ServicesOffice Inc. and the National Association of Independent Insurers,and a separate study by A.M. Best Company both made that findingfor the combined ratio measuring loss and underwriting expensesagainst each dollar of premium.

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