Verisk Analytics: P/C Insurers Report $1.5B Net Underwriting Loss in First Half of 2016
Private U.S. property/casualty insurers reported a $1.5 billion net underwriting loss in the first half of 2016-the first year-to-date net underwriting loss in more than three years-and saw their net income after taxes drop to $21.7 billion in first-half 2016 …