TITLE

A.M. Best Co's View: Commercial Lines

PUB. DATE
May 2010
SOURCE
Best's Review;May2010, Vol. 111 Issue 1, p28
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the view of the rating agency A.M. Best Co. Inc. on the commercial lines segment in the U.S. The company notes a significant decline in the sector's premium base that contracted by nearly eight percent due to the recession. They add that the commercial automobile line suffered a decline in demand. They present their outlook that the segment will continue to face the challenges of the past and expects underwriting results and loss-reserve adequacy to deteriorate more.
ACCESSION #
50613559

 

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