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A composite rate index for property-casualty insurance showed that premiums on average fell 10 percent in February–a month in which there were no rate increases in any line of coverage.

“Barring a catastrophic wind season or other natural catastrophe, 2007 will be a tough year [for insurers], with rate decreases continuing throughout the year,” said Richard Kerr, chairman and chief executive officer of MarketScout, a Dallas-based online insurance exchange which produces the monthly “Market Barometer.”

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