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IIABA Prez Sees Signs Of Softening; Company Execs Address Industry ChallengesLas Vegas

While insurance company executives insist that premiums will continue to rise, one high-ranking member of an independent agent association wonders if he is not already seeing signs of carrier competition leading to another soft market cycle.

W. Cloyce Anders, president of the Alexandria, Va.-based Independent Insurance Agents & Brokers of America, said that the biggest challenge the industry faces is whether carriers have the discipline to continue profitable underwriting or will soon go back to competitive pricing.

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