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Best’s Special Report: California Wildfires Send US Property/Casualty Segment to $1 Billion-Plus Underwriting Loss in First-Quarter 2025

The U.S. property/casualty (P/C) industry recorded a $1.1 billion net underwriting loss in the first three months of 2025, down from a $9.4 billion gain recorded in the same prior-year period, . . .

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California Fires Property And Casualty Insurance Catastrophes A.M. Best Rating Services, Inc. Property And Casualty Insurers

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