Washington
Conditions are ripe for a hardening market, but economic realities may not allow that to happen right now, a senior executive with CNA predicts, joining other top insurers in calling for independent agents to focus on delivering better service and added value as risk managers.
"It is set up for a hard market, but we have never seen a market like this since the 1930s," said John B. Hennessy, senior vice president for distribution management with CNA, during a panel discussion for young agents at the Independent Insurance Agents and Brokers of America Annual Legislative Conference and Convention.
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