Fitch Reports P&C Outlook Still Negative

Highlighting the questions on profitability and reserves, Fitch Ratings last week noted that the commercial line and reinsurance sectors of the domestic property/casualty insurance industry faces greater uncertainty than personal lines, according to a new report published by the ratings agency. In its industry outlook, Fitch announced that its Outlook for the commercial lines and reinsurance segments is Negative and for the personal lines segment is Stable. These outlooks are unchanged from the previous year. "Pricing has improved for personal lines of the P&C insurance industry, such that r...