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Soft Market Talk Remains Premature

J. Robert Hunter, insurance director for the Consumer Federation of America, has a bone to pick with us. He recently e-mailed the following letter:

“You probably remember your Hard Market Aint Dead Yet editorial of May 5, chastising me for saying that the end of the hard market was likely within the next few months. Now it seems that I was not so far off the mark, at least according to the chairman, president and CEO of the Insurance Services Office, Frank Coyne, who laments (in a cartel-like pitch to its insurers) that if the next soft market is not already upon us, the hard market is certainly coming to a close.

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