The net income of private US property/casualty insurers more than doubled to $17.1 billion in first-quarter 2018 from $7.9 billion in first-quarter 2017, helped by lower catastrophe losses and increased reserve releases, according to a study by ISO, a Verisk business, and the Property Casualty Insurers Association of America (PCI).
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PCI, Verisk, ISO, Property Casualty Insurers Association of America, Catastrophe, Claims, Insurance, North America