There won't be significant premium growth until this moribund economy gets going again, but should government print more money to make that happen? That's the trillion-dollar question!
We've injected a major stimulus program into our financial bloodstream, but instead of a shot of adrenaline jolting the economy into sustainable growth, the billions allocated by Congress merely slowed the recession's severity.
That's not a bad thing, as we were clearly in free-fall, with hundreds of thousands put out of work every month. Now we're seeing modest job growth, although the pace has slowed to a crawl.
Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader
Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.