NU Online News Service, July 7, 12:00 p.m. EDT
In this turbulent economic environment, personal-lines insurers have the edge over their commercial-lines counterparts and are a more attractive place for investors, according to a recent report.
The financial and investment banking firm Stifel Nicolaus released its "2Q11 Insurance Industry Earnings Preview," saying that personal-lines insurers are a good place for investors because personal-auto and homeowners premium rates are continuing to increase on a year-over-year basis while the commercial-insurance market remains mired in a soft market.
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