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Best’s News & Research Service subscription required - February 17, 2023 04:22 PM (EST)

Ian, Net Underwriting Losses Erode Policyholder Surplus, Send UPC Into Receivership

Net underwriting losses totaling more than $400 million since 2017, followed by an estimated $1.54 billion in claims related to Hurricane Ian losses, pushed United Property & Casualty Insurance . . .

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