ISO Chief: Hard Market Ending
NU Online News Service, Nov. 5, 3:25 p.m. EST?Even though his organization is predicting a 101 combined ratio for 2004, the hard market is ending, said the chairman of the Jersey City, N.J.-based Insurance Services Office during a presentation in Anaheim, Calif.
Frank J. Coyne, ISO chairman, president and chief executive officer went on to warn insurers not to abandon sound underwriting and pricing that led to recent, improved results.
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