Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Moody’s Rating Service expects the wildfires consuming Texas will have a negative impact on insurer’s third quarter results when combined with other losses  experienced during the third quarter. The firm reported that even if the losses were three times more than the 1,600 homes Texas officials say are confirmed lost to fires, the losses are “small compared with the U.S. P&C industry’s earnings capacity and capital base.”


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.