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Title Alliance Continues to Expand, Opens New Office in Yuma, Arizona

Title Alliance Continues to Expand, Opens New Office in Yuma, Arizona
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Best's Special Report: Improved Trends in U.S. Property/Casualty Rating Affirmations, Downgrades Reflect Industry's Stability Amid Pandemic

Press release content from Business Wire. The AP news staff was not involved in its creation.
Best’s Special Report: Improved Trends in U.S. Property/Casualty Rating Affirmations, Downgrades Reflect Industry’s Stability Amid Pandemic
March 10, 2021 GMT
OLDWICK, N.J. (BUSINESS WIRE) Mar 10, 2021
The number of Credit Rating downgrades in the U.S. property/casualty (P/C) industry fell by more than half the number seen in the previous year, with affirmations also rising despite more-frequent disasters and pandemic spread, according to a new
AM Best special report.
The
Best’s Special Report, titled, “P/C Rating Affirmations Continue to Dominate Despite COVID-19 Pandemic,” notes that upgrades decreased by 25% from the prior year; however, affirmations and upgrades accounted for nearly 87% of all rating actions, reflecting the P/C industry’s persistently strong capitalization, growing pricing sophistication and enhancements in risk management, r ....

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