NU Online News Service, July 19, 11:20 a.m.EDT

While insurers have achieved steady rate increases in personallines, more needs to be done to contend with weather-related lossesin the homeowners line and high-severity losses in personal auto,according to a Travelers executive.

Commenting in a statement accompanying the insurer'ssecond-quarter results, Brian MacLean, the company's president andchief operating officer, says, “In personal insurance, we are verypleased with the pricing gains in the quarter.” But, he adds,losses and loss trends “remain at levels that necessitate furtheraction.”

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