NEW YORK–Property-casualty insurance executives expect little action in Congress impacting their industry in 2007 and generally believe that higher profits aren't in the cards either.
Their views were expressed in a survey taken at the Property-Casualty Insurance Joint Industry Forum in New York yesterday.
A majority also predicted that the extension of the Terrorism Risk and Insurance Act would be the only one of three possible insurance-related plans to get the nod from Congress this year.
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