NU Online News Service, Aug. 27, 4:02 p.m. EDT
Today's report of government numbers revising economic growth downward were not something insurers wanted to hear--nor were indications from analysts that the property and casualty market will not see a reversal in pricing or earnings anytime soon.
The U.S. Government today revised its second-quarter estimate for gross domestic product to 1.6 percent from an earlier forecast of 2.4 percent for the quarter.
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