NU Online News Service, Oct. 12, 3:19 p.m. EDT

Salary budgets within the property and casualty insurance industry appear to be holding steady, with increases of 3.4 percent expected for next year, according to a survey.

The Property Casualty Insurers Association of America (PCI) Insurance Compensation Survey found companies are projecting average 2010 salary budget increases of 3.4 percent–the same percent increase reported in 2009. This compares to average salary budget increases of 4 percent in 2008.

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