Commercial property-casualty rates continue their slide, with few lines other than property-catastrophe showing any sign of hardening in the first quarter, the Council of Insurance Agents & Brokers said.
The Washington-based association's view is based on its quarterly industry survey of member insurance brokers. A total of 105 brokers responded to the survey covering the first three months of 2006.
The survey found that most brokers see p-c rates either stable or edging downward, continuing 2005's trend in pricing.
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