Recent weeks have seen no shortage of market forecasts that will impact insurers and brokers inside and outside the E&S/specialty insurance sector. Two of the latest, published in January, predict the soft market could end this year.

In early January, the chief executive of online insurance exchange MarketScout said the decline in insurance prices will halt this year because rates have become inadequate to cover losses and expenses. Richard Kerr, CEO of Dallas-based MarketScout, said the expected increases that should follow may not be seen for months, however.

Separately, a few days earlier, Advisen Ltd. predicted that the commercial insurance premium market cycle is near a bottom and general that prices will start to rise by the fourth quarter of 2009 or the first quarter of 2010.

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