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By Mark E. Ruquet, PropertyCasualty360.com |
March 11, 2011
The soft market continues unabated, but at least it is showing some indication of stabilizing itself as a monthly composite barometer of rates held steady for a fourth month at minus-5 percent.
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By Mark E. Ruquet, PropertyCasualty360.com |
March 7, 2011
MarketScout's barometer of U.S. property and casualty market shows minus-5 percent composite rate for the fourth straight month, with general liability still the most aggressively priced coverage.
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By Susanne Sclafane, PropertyCasualty360.com |
July 5, 2010
Although reinsurers cut prices for June 1 renewals, one Bermuda-based executive speculated that price hikes in the insurance loss warranty market--fueled by the Deepwater Horizon disaster--could eventually spread to the reinsurance market.
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By Susanne Sclafane, PropertyCasualty360.com |
June 28, 2010
Retail brokers may start seeking larger cuts of the commissions paid out on surplus lines transactions as the soft market continues, a specialty lines insurance executive suggested recently.