NU Online News Service, June 21, 4:05 p.m. EDT
Commercial lines premiums remained under pressure in the 2010 second quarter due to abundant capacity and lower demand, according to the RIMS Benchmark Survey administered by Advisen Ltd.
Risk managers reported decreases in average renewal premiums of between 2.5- and 3.8 percent for property, general liability, directors & officers liability, and workers' compensation insurance, the survey found.
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