Insurers’ Annual Incurred A&E Losses Rose 12% in 2012: A.M. Best

Insurers’ Annual Incurred A&E Losses Rose 12% in 2012: A.M. Best

While generally not a material drag on the U.S. property/casualty industry’s earnings, industry losses from asbestos and environmental claims resumed an upward climb in 2012, according to a new A.M. Best Co.