NU Online News Service, Dec. 13, 12:15 p.m. EST
Reserve releases that have cast a smokescreen in front ofnegative earnings in commercial lines will dwindle as theindustry's reserve margin worsens, Moody's said.
According to Moody's Weekly Credit Outlook, "Conditions now arelining up for a meaningful deterioration for the commercial linessector" since loss reserves are predicted to be at break-evenlevels. Therefore, more releases may lead to deficiencies, wrotePaul Bauer, Moody's vice president and senior credit officer.
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