NU Online News Service, Aug. 11, 3:02 p.m. EDT
A survey on four commercial lines suggests that the soft market may be bottoming out, according to the Risk and Insurance Management Society, Inc.
The RIMS Benchmark Survey tracked the lines of business— general liability, property, workers' compensation and directors and officers insurance—during the 2011 second quarter. The survey indicates significant tightening in the price declines that have defined the soft market.
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