HONOLULU--Spending for loss control services increased orremained flat for most organizations in the past year, while moneyspent was up from 2003 in areas such as disaster preparedness andcatastrophe management, according to an online insurer'ssurvey.
Those were among the findings in the Chubb 2006 Loss ControlSpending Survey, released here yesterday by the Chubb Group ofInsurance Companies at the Risk & Insurance ManagementSociety's annual conference.
"We had 95 percent of respondents indicating that loss controlspending had gone up or stayed the same," Steven D. Hernandez,senior vice president of Chubb & Son, said in an interview.
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