NU Online News Service, June 4, 2:35 p.m. EDT
Insurance rates are on the rise, but the pace of increases is not the same across the board, and some lines that showed aggressive upward momentum earlier are beginning to slow, according to an analyst's report.
Meyer Shields, an analyst with Stifel Nicolaus, says property-catastrophe rate increases are beginning to slow, indicating that there is ample supply in the reinsurance market to meet the high demand for coverage.
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