NEW ORLEANS–The commercial insurance industry continued to experience an overall decline in total cost of insurance coverage last year, according to data released today by the Risk and Insurance Management Society.
The information was contained in the RIMS 2006 Annual Benchmark Survey book compiled by Advisen.
"Property costs were down slightly, but they were being buoyed by the pricing increases in all the catastrophe-exposed regions," Advisen Editor-in-Chief David Bradford told National Underwriter.
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