U.S. property-casualty insurers sustained $2.18 billion insecond-quarter losses from six catastrophes–among the lowest numberof such events in years, said Property Claim Services.
An industry representative said as a consequence propertyinsurance availability should improve and rates should decline.
The estimated total losses were the third lowest insured lossesover the past 10 years, according to PCS, the subsidiary ofInsurance Services Office in Jersey City, N.J.
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