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2017 State of the P/C Industry Update

According to the latest Verisk report on the state of the industry, property/casualty insurers saw profits plummet in the first nine months of 2017 versus 2016 because of multiple catastrophes. Even so, p/c insurers are doing well, said Beth Fitzgerald, senior vice president, Industry Engagement, ISO, a Verisk business. She explains financial results for the first nine months of 2017 and expectations for how the rest of the year will turn out.

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