01-10-2011, 12:40 PM
|
 |
Member
CAS
SOA
COPA
|
|
Join Date: May 2005
Favorite beer: Westmalle Tripel
Posts: 13,479
|
|
AM Best downgrades the commercial insurance market
Quote:
The outlook for the industry was cut to “negative” from “stable,” the Oldwick, N.J.-based ratings agency said today in a statement.
“Continued competitive market conditions, gradual price deterioration” and moderating gains from insurance reserves that proved excessive for prior-year claims will weigh on results, Best said.
|
http://www.businessinsurance.com/app...110119993/1247
 |
Linear Mode
