NU Online News Service, April 26, 3:42 p.m. EDT
While underwriters have tried to hold the line on premiums, capacity is high and their resolve has shown some “cracks,” says Advisen's executive vice president.
The Risk and Insurance Management Society Benchmark Survey, administered by Advisen Ltd., found that three of the four lines of business tracked posted material decreases in average renewal premium, as reported by risk managers.
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