NU Online News Service, Jan. 24, 2:34 p.m. EST
While average 2010 fourth-quarter commercial lines renewals were relatively flat compared to the same period a year ago, analysts at Advisen Ltd. said a turn in the market is not imminent.
Speaking to the fourth-quarter results as measured by the Risk and Insurance Management Society (RIMS) Benchmark Survey, Advisen analyst Dave Bradford said the fourth quarter “was probably a temporary lull rather than the harbinger of higher rates anytime soon.”
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