In industry news:

Fitch Ratings says that pricing improvements over several years have propelled returns for U.S. regional property/casualty insurers in a new special report based on about 45 P&C insurers to be released soon. While the majority of North American publicly-traded insurers experienced flat to slight declines in underwriting performance in 2015, regional insurers reported a steady improvement in results with a corresponding uptick in return on equity. The analysis will reveal that regional insurers as a group experienced the largest year-over-year combined-ratio improvement of any segment in the insurer universe, leading the way to a 14 percent improvement in net income, and a strong aggregate net return on equity of 10.2 percent for the year.

Read further details from Insurance Journal here.

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