Major established national insurers are generally well-capitalized, but the broader industry faces persistent financial and profitability pressures driven by social inflation, catastrophic weather frequency, and rising commercial real estate exposure. Certain smaller property and casualty carriers or regional insurers have faced insolvency, credit downgrades, or have been forced to pull back operations and non-renew policies in high-risk catastrophe zones due to severe claims inflation and escalating reinsurance costs.
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