The property and casualty insurance industry is on the road to showing a profit for 2010 despite a 3 percent slide in third-quarter net income, an industry report said.

The Jersey City, N.J.-based Insurance Services Office, in conjunction with the Property Casualty Insurers Association of America and the Insurance Information Institute, released the nine-month and third-quarter p&c industry results last week, saying that the industry is on the road to positive growth for the year.

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