The property and casualty insurance industry is on the road toshowing a profit for 2010 despite a 3 percent slide inthird-quarter net income, an industry report said.
The Jersey City, N.J.-based Insurance Services Office, inconjunction with the Property Casualty Insurers Association ofAmerica and the Insurance Information Institute, released thenine-month and third-quarter p&c industry results lastweek, saying that the industry is on the road to positive growthfor the year.
For the first nine months of 2010, results showed a robustincrease of 62 percent in net income.
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