NU Online News Service, July 25, 3:00 p.m. EDT
The property and casualty industry's figures may not be as bad as some believe, and because of that a change in the soft-market direction may be delayed until the beginning of 2013, says an industry consultant.
In a recent newsletter, Charles L. Ruoff, president of CR Market Strategies Inc., says, “Looking beneath the headline numbers, we see the continuing negative influence of the mortgage and financial-guaranty markets making the overall industry figures look worse.”
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