Weiss: Insurers See Underwriting Gains
NU Online News Service, Aug. 31, 3:44 p.m. EDT?The property-casualty insurance industry has shown "dramatic" gains in its underwriting performance and should continue to perform if it keeps its strict underwriting standards, said an industry rating service.[@@]
Weiss Ratings Inc., based in Jupiter, Fla., said, "Dramatic improvements in underwriting performance?led to the first underwriting gain in nearly seven years" during the first quarter of 2004.
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