NU Online News Service, Aug. 29, 2:01 p.m. EDT
Hurricane Irene, by itself, will not impact pricing in the property and casualty insurance industry, but it will add to a growing list of events that combine to put some pressure on the market.
As Hurricane Irene churned in the Atlantic Ocean as a Category 2 storm before making landfall, some experts speculated the storm could turn what has been a soft P&C market.
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