Reinsurers face non-standard auto Harvey pain

Devastation caused by Harvey-related flooding is set to trigger
a sharp deterioration in Texas personal auto underwriting results,
which had already been driving some reinsurers away from the
business.
With the prospect of tens of thousands of cars damaged or
treated as total losses in the state, loss ratios for personal auto
business are expected to surge this year.
That would come after significant deterioration in 2016,
according to previous analysis
published by The Insurance Insider.
Of the