P/C insurers’ profits dip in 1Q: Best


P/C insurers’ profits dip in 1Q: Best

OLDWICK, N.J.—The U.S. property/casualty insurance industry reported $16.7 billion in net income for the first quarter, down 3.3% from the comparable quarter a year ago, according to Oldwick, N.J.-based A.M. Best Co. Inc. Insurers reported a 1.3% decline in net premiums written, to $111.8 billion,...

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