Analysts Wonder If Hard Market Has Legs

NU Online News Service, Oct 8, 10:35 a.m. EST?Insurance analysts in a meeting with company executives forecast a hard market for the industry though 2003, but they questioned whether it will last beyond that.

At issue, they said, is whether carriers have the discipline to maintain across-the-board 15 to 20 percent increases into 2004, though they still need to recover from past under-pricing.

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