RIMS: Premium Costs Down At Least 18 %
NU Online News Service, July 15, 4:14 p.m. EDT?Insurance premiums declined 18 percent on average and as much as 52 percent for up to half of the second-quarter policy renewals for directors and officers, liability, property, and general liability, an industry survey has found.[@@]
The Risk and Insurance Management Society Inc. in New York released the quarterly results of the RIMS Benchmark Survey yesterday, a poll of corporate risk managers. The study reported that price declines outpaced price gains in every major category except workers' compensation.
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