An nationwide rise in property rates, which some experts had anticipated going into this year, hasn't panned out, but instead is limited to Southeastern states by 2005 hurricanes, according to an industry survey.
"What we see has very definitely been driven entirely by the Southeast," said David Bradford, editor-in-chief at Advisen, Ltd., discussing the Risk and Insurance Management Society Benchmark Survey.
The Risk and Insurance Management Society Benchmark Survey for the first quarter is a survey of current policy renewal prices reported by corporate risk managers.
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