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Watch Out For Speed Bumps As Softening Market Gains Momentum

Agents see flat-to-falling prices in most lines, but catastrophe threats

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No agent or broker would be surprised to hear that the property-casualty market is softening, except that property-catastrophe prices are soaring in disaster-prone regions and construction risks remain difficult to place. End of story, right? Not quite. In conversations with agents from different regions of the country, characterizing the state of the market is not as simple or universal as one might think.

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