Analysts Wonder If Hard Market Has Legs

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

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

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