RIMS Survey: Soft Market Took Hold In ?04

NU Online News Service, Feb. 3, 12:30 p.m.EST?The commercial insurance industry experienced a fullyear of soft market in 2004, with four consecutive quarters ofdeclining prices, an industry group survey has found.[@@]

The finding was made by the Risk and Insurance ManagementSociety Inc. Benchmark Survey, a comprehensive view of currentpolicy renewal prices as reported by corporate risk managers.

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