NU Online News Service, Jan. 19, 3:00 p.m. EST
The bottom-line results in the property and casualty industry are driven by underwriting, not the economy.
Robert Hartwig, president of the Insurance Information Institute, said in a recent presentation, “Personal Lines P-C Insurance Markets: Challenges & Opportunities for 2011 & Beyond,” that the p&c industry is already at the tipping point, recording about a 100 combined ratio in 2010.
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