Pete Beckman News

Every now and again, we share important news, updates, and events, and even perspectives on the ever-changing world of insurance. Sometimes, we’ll even share what’s going on with our agents at Pete Beckman Insurance.

US P&C industry sees $8.2bn net underwriting loss in Q1: AM Best

16th June 2023 – Author: Jack Willard The US property & casualty (P&C) witnessed an $8.2 billion net underwriting loss in the first quarter of 2023, compared with a $3.4 billion gain in the same prior-year period, according to preliminary results. Combined ratio for the P&C industry deteriorated by 6.1 percentage points to 102.0 in Q123,…
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