Despite considerable operating challenges in 2020 from the global COVID-19 pandemic, U.S. property/casualty (P/C) insurers saw a statutory underwriting profit for the third consecutive year, according to Fitch Ratings in a new report. Apart from the tumultuous fallout of the pandemic, P/C insurers faced a deluge of catastrophic events including several hurricane landfalls, California wildfires,… Continue reading U.S. P/C Insurers See Profits in 2020 Despite COVID-19 Fallout
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