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In Search of Rate Increases

Commercial property insurance is often a critical issue in Florida, and 2009 is no exception. To gain insight into the excess and surplus lines side of that market, Florida Underwriter spoke with

By Tim Hoelle | Updated on February 28, 2009

Commercial property insurance is often a critical issue in Florida, and 2009 is no exception. To gain insight into the excess and surplus lines side of that market, Florida Underwriter spoke with Steve Vaccaro, CEO of Max Specialty Insurance Company in Richmond, Va.; E.G. Lassiter, CEO and chairman of RSUI Group in Atlanta; and Francis Moloney, assistant director of AHJ, Ltd., in London.

FL UW: Insurance companies are clamoring for rate increases. But in today’s economy, that is a tough sell. In the surplus lines commercial property market, do you think we will see increases in 2009?

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