If the real estate market hoped for good news about insurancerates, it was sorely disappointed with news from a group of Aonexecutives yesterday.
In a Web presentation on insurance topics, three Aon executivespainted an unattractive picture of rising rates and diminishedcapacity in catastrophe-prone regions, with minimal relief insight.
Kevin Madden, managing director with the Chicago-based insurancebroker's national real estate practice; Richard Miller, managingdirector of Aon national property brokering; and Aaron Davis,director, Aon terrorism & property resources, presented the Websession titled “Real Estate Property Insurance: Crisis orHysteria?”
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