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For the second consecutive month, overall property and casualty rates came in at minus-2 percent, indicating rates are continuing to firm, says MarketScout.
Interboro Insurance Co. emerged from rehabilitation just four years ago and today is looking to expand beyond its New York borders with the intended acquisition of OneBeacons auto insurance business, AutoOne.
With pricing showing signs of stabilizing, and solid capital adequacy and balance-sheet strength, Moodys Investors Service has revised its outlook on U.S. commercial insurance to stable from negative.
With pricing showing signs of stabilizing, and solid capital adequacy and balance-sheet strength, Moodys Investors Service has revised its outlook on U.S. commercial insurance to stable from negative.
Recent catastrophe losses have provided momentum for reinsurance rates to harden, and demand for reinsurance is expected to pick up, leading Moodys Investors Service to revise the sectors outlook to stable from negative.
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