P/C Insurers Returned $13B in Premiums Due to COVID-19 Reduced Exposures

U.S. property/casualty insurers returned nearly $13 billion in premiums to policyholders in 2020 to reflect reduced exposures from the COVID-19 pandemic. Auto insurers returned premium in the greatest numbers, though general liability, workers’ compensation, event cancellation and inland marine sectors …

from News – Insurance Journal https://ift.tt/2QkEIRY