I.I.I.: PC Premiums To Increase 2.7%

NU Online News Service, Feb. 2, 10:34 a.m. EST?Property-casualty insurers' premiums on average should increase 2.7 percent this year, down from 4.3 percent in 2004, according to the Insurance Information Institute Groundhog Forecast released today.[@@]

I.I.I.'s prediction for the sector's combined ratio on average was 98.9, a slight deterioration from last year's level of 98.7. The forecast is the work of a panel of stock analysts and industry professionals.

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