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By Staff Writer |
January 24, 2011
While average 2010 fourth-quarter commercial lines renewals were relatively flat compared to the same period a year ago, analysts at Advisen Ltd. said a turn in the market is not imminent.
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By Staff Writer |
October 20, 2010
A survey by the Risk and Insurance Management Society (RIMS) revealed the soft market is "far from over" but premiums declined less during the third quarter.
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By Mark E. Ruquet, PropertyCasualty360.com, Caroline McDonald, PropertyCasualty360.com |
July 26, 2010
There appears to be no relief for insurers in the buyer's market for commercial property and casualty coverage, as excess capacity and falling demand have prompted average rate cuts to accelerate.
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By Staff Writer |
July 8, 2010
A new report from the Risk and Insurance Management Society (RIMS) said the average total cost of risk per $1,000 of revenue in 2009 fell more than 3 percent due to lower insurance costs and lower risk management administrative costs.
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By Daniel Hays, Mark E. Ruquet, PropertyCasualty360.com |
April 26, 2010
Property and casualty insurance rates won't begin to significantly firm up before 2011, according to the most recent industry forecast from Conning Research & Consulting...
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By Staff Writer |
April 16, 2010
Now in its seventh year, the soft market shows few signs of loosening its grip on commercial insurance pricing, according to the RIMS Benchmark Survey.