NU Online News Service, April 16, 10:33 a.m. EDT

Now in its seventh year, the soft market shows few signs of loosening its grip on commercial insurance pricing, according to the RIMS Benchmark Survey.

Average premiums in every line tracked by the survey fell in the first quarter. Forecasts for an above-average hurricane season, however, may signal rising premiums on the horizon, according to the report administered by Advisen Ltd.

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