by BusinessInsurance.com - Apr 15,2009
OLDWICK, N.J.—Driven primarily by mortgage and financial guaranty insurer losses, the U.S. property/casualty industry's commercial lines' combined ratio deteriorated more than 12 points in 2008 from 2007, to 106.1% from 94%, according to a report by Oldwick, N.J.-based A.M. Best ... [full story]