Survey claims US P/C market softening
The commercial property/casualty insurance market In the US showed signs of continued softening in the second quarter of 2004, with one-third of the small accounts and more than half the medium and large accounts experiencing significant premium decreases, according to a new survey from the Council of Insurance Agents & Brokers.
The latest commercial market index, conducted by the Council, showed that 36 percent of small accounts, 57 percent of medium accounts and 53 percent of large accounts experienced premium rateOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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