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« Commercial Catastrophe Claims Coverage Potentially Made More Widely Available | Main | Allegations, Property Insurance Claims and Litigation. »

April 19, 2007

Record P&C Premiums

     An all-time record for premiums was set last year by property and casualty insurance companies.  In 2006, they report, property and casualty insurance premiums rose to $63,700,000,000.00.  The increase of $20,000,000,000.00 in premium intake over 2005 is attributed to the absence of Catastrophe Claims including damages claims from Hurricanes.  For a review of reactions in Florida, see Jerry W. Jackson, "Insurance Industry Weathers Storms" (Orlando Sentinel, Thursday, April 19, 2007, p. C1, col. 5).
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Posted by on April 19, 2007 at 06:35 AM in Catastrophe Claims |

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