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Moodys Improves P-C Commercial Outlook

Moody's Investors Service announced that it has changed the outlook for the North American property-casualty commercial lines insurance sector to stable from negative.The New ...

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Moody’s Investors Service announced that it has changed the outlook for the North American property-casualty commercial lines insurance sector to stable from negative.

The New York-based rating firm said its change in outlook reflects the strength of commercial insurers’ earnings over the past several years, improvements in risk-adjusted capitalization, and a renewed commitment to underwriting discipline.

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