Day: November 21, 2017

Insurance Carriers Can’t Afford to Use Relaxed Underwriting Practices

Insurance Carriers Can’t Afford to Use Relaxed Underwriting Practices Insurance Carriers Can't Afford to Use Relaxed Underwriting Practices

The property and casualty insurance industry is currently dealing with a highly competitive market, which is leading to more lax underwriting practices. As a result, many carriers have found themselves in a precarious situation when dealing with the astronomical losses associated with recent storms Harvey, Irma, and Maria. The Impact of Storm Damage from Harvey, […]

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