Property insurance company failures declined 44 percent,dropping from 16 to nine in 2005, according to data from WeissRatings Inc.
The Jupiter, Fla.-based company also reported that three lifeand health insurers failed, compared to four in 2004, while thenumber of HMO insolvencies remained level at three.
"Our overall economic strength has contributed to solid industryperformances by banks, insurers and HMOs, creating a more favorableenvironment in which companies can operate," said Melissa Gannon,vice president of Weiss Ratings Inc.
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