Insurance News

Posts Tagged ‘harden

NEW YORK—U.S. property/casualty insurance rates may begin to firm in the second half of 2009, but “adequate” levels of capital and the ongoing recession likely will keep any rate increases modest, analysts and industry executives say.

Among primary commercial lines insurers, recent pricing surveys show progressively smaller year-over-year price declines, raising the possibility that the average rate change will turn positive sometime Read the rest of this entry »