Tuesday, April 25, 2006

Despite Hurricane Losses, Overall Soft Insurance Market Continues

Publication Date: April 24, 2006
Advisen -- Property
Source: Business Wire

"HONOLULU--(BUSINESS WIRE)--April 24, 2006-- Industry Turns Profit for 2005 in the Face of Record Adversity"

"Although property & general liability insurance rates increased in the first quarter of 2006, all indications point to a continuing soft commercial insurance market according to the RIMS Benchmark Survey(TM), the industry's only comprehensive survey of current policy renewal prices as reported by corporate risk managers..."