ISO's CEO: Don't Get Risky In Soft Market
NU Online News Service, Nov. 19, 3:18 p.m.EST?For the second time in as many weeks the InsuranceServices Office chief executive has warned attendees at aninsurance industry conference they should not pursue volume andrisky business as premium prices start to decline
Speaking to the Society of Insurance Research in St. Pete Beach,Fla., Frank J. Coyne cautioned again that "each improvement ininsurers' results brings us closer to the next round ofhyper-competition for market share."
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