Property-casualty insurers reported an awesome year for 2006, with the industry-wide combined ratio coming in at a stellar 92.4, fueling a 44 percent jump in net income. Normally, that would be good news, but carriers are doomed to take a hammering from critics for making too much money! Are insurers price-gouging the public? That's the question NU Editor In Chief Sam Friedman poses on his blog today at www.property-casualty.com.
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