Woe Are They?
The property-casualty (p-c) insurance industrys after tax net income for the first nine-month period of 2003 increased to $21.1 billion--a 320 percent increase over the same period in 2002. The report by the Insurance Services Office Inc. and the National Association of Independent Insurers Insurers, was cited in the January 12, 2004 issue of the National Underwriter.
The p-c industry
enjoyed significant improvements during 2003s first three quarters,
with growing premiums and better underwriting fundamentals, said
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