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Posts Tagged ‘Environmental

The U.S. property/casualty insurance industry?s 2008 asbestos and environmental losses were the lowest since 2000, according to a report by A.M. Best Co. Inc. slated to be released Monday.

According to the report, net incurred asbestos losses dropped 49.9% to an estimated $1.3 billion in 2008 from a year earlier, while net incurred environmental losses dropped 41.3% to about $400 million.

The decline was the fifth in the past Read the rest of this entry »

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