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Following a profitable year for the industry, the p&c insurance market will be stable and competitive in 2014, according to “Wells Fargo Insurance 2014 Insurance Market Outlook,” which was released on Jan. 30. The report, issued by Wells Fargo Insurance, covers a range of product segments, from workers’ compensation and employment practices, to property and technology and network security.

“We expect 2014 to be a good year for the majority of our commercial property and casualty insurance customers,” says Simon Hodge, head of the Professional Risk Group at Wells Fargo Insurance. “We anticipate significant marketplace capacity, excellent coverage quality in many areas, and do not expect a lot of pricing volatility.”

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