Moody's Investors Service today became the fourth rating firm to say that insurers' losses from Hurricane Gustav will not significantly impact ratings of U.S. property-casualty carriers or prices in their marketplace.

Yesterday, A.M. Best Co., Standard & Poor's and Fitch announced similar conclusions.

"Given the range of preliminary insurance loss estimates of $3 billion to $10 billion associated with Hurricane Gustav, Moody's does not expect the event to significantly impact the credit profile of most property and casualty insurers and reinsures," said Moody's report author Senior Analyst Paul Bauer.

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