TITLE

Regional Pressure

AUTHOR(S)
Slavin, Al
PUB. DATE
November 2011
SOURCE
Best's Review;Nov2011, Vol. 112 Issue 7, p25
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article discusses the impact of recent natural disasters on the business conditions in the homeowners insurance sector of the U.S. insurance industry. According to it, U.S. homeowners insurance companies and reinsurers incurred a loss of 27 billion dollars in the first financial half of 2011, due to several natural disasters, including hurricanes and floods. It further states that insurers are considering increase in policy rates but they have to balance it with their market share.
ACCESSION #
67005062

 

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