In industry news:

A.M. Best said in a recent report that commercial lines insurers’ pricing, underwriting and resilience in recent years has improved sufficiently to boost their outlook on this segment of the U.S. property/casualty industry from negative to stable for 2018. The uptick is the first by A.M. Best for commercial lines in seven years. A.M. Best said the outlook has improved due to “an embedded change in the sophistication of the segment’s pricing and underwriting infrastructure and the segment’s resilience amid a variety of macroeconomic and insurance market issues in recent years.”

Read more via Insurance Journal here.

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