OLDWICK, N.J.--(BUSINESS WIRE)--The U.S. property/casualty (P/C) industry experienced 12 financial impairments in 2014, representing a continuing decline since the most recent peak in 2011, according to a new A.M. Best special report. Impairments in 2014 were down slightly from the 15 reported in the prior year and amount to a little more than half of the historical average of 25 impairments over the study period of 1969-2014. The Best’s Special Report, titled, “Property/Casualty Impairments Co
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