In industry news:

Tax reform, a growing economy and lower catastrophe losses helped U.S. property/casualty insurers more than double their first quarter profit this year. Insurers’ net income after taxes surpassed $17 billion during the first three months of the year, compared to $7.9 billion in Q1 2017, according to a report by ISO and PCI (Property Casualty Insurers Association of America).

Read more via Insurance Journal here.

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