NU Online News Service, Feb.1, 3:53 p.m. EST
The annual consumer price index may have dropped 0.4 in 2009, but the costs of health care and legal services that impact insurers rose anywhere from 3 percent to 6 percent, said Insurance Information Institute.
Steven Weisbart, I.I.I. chief economist, noted that "auto and workers' compensation insurers are sensitive to hospital, physician and legal service fee increases, and every single one of those items cost more in 2009 than they did in 2008."
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