Wednesday, June 21, 2006

CEOs, Concerned About Capacity and Pricing, Stress Underwriting Discipline

By Amy Friedman
June 20, 2006
The Insurance Journal

"Although property casualty insurance capacity still exists in some areas in the U.S.'s east coast, the rate at which it is vanishing, especially in coastal areas, as well as the steep prices being offered for available capacity, have industry executives concerned about pricing discipline..."