The Zacks Property and Casualty (P&C) Insurance industry has been benefiting from higher retention, streamlined operations, global presence, better pricing, solid underwriting, an improving rate environment and a strong capital position. With the ongoing economic expansion, insurers remain well-poised for growth. However, catastrophe losses might have weighed on P&C insurers.The industry has risen 32.3% in the past year, outperforming the Zacks S&P 500 Composite’s increase of 28.6% and the Finance sector’s ...