NU Online News Service, March 9, 12:12 p.m. EST
Reserve releases are showing signs of ebbing and insurers are pushing rate increases that could translate into as high as 10 percent increase over this year, according to a financial analyst's report.
A review of 54 publicly-reporting insurance companies for the fourth quarter shows that reserve releases declined 26 percent on a year-over-year basis, says Meyer Shields, an analyst for Stifel Nicolaus.
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