« New Article Reportedly Confirms Earlier Findings Regarding Government Price Controls for Insurance | Main | Fla. CFO Notes Opening of Insurance 'Super-Center' »

September 21, 2004

Best Reports P/C Insurers "Post Solid Results;" $9 Billion Profit for 1st Half of 2004

According to a new special report from A.M. Best Co., the U.S. P/C industry recorded an underwriting profit of nearly $9 billion during the first six months of 2004, a substantial gain from the comparable period of 2003.

Best said: "This solid underwriting performance is even more pronounced when factoring in the improvements achieved by the industry during 2003 and the first quarter of 2004."

Read the full story

Posted by Tom Troceen