Speaking at ACORD LOMA 2014 in Orlando, Fla., Steven Weisbart, chief economist for the Insurance Information Institute, details 2014's challenges and opportunities for P&C insurers, as part of the State of the Industry Address on Tuesday, May 6.
2014's CHALLENGES:
Persistently low interest rates: Low rates come amid intense industry competition, which makes it difficult to raise policy rates to cover investment shortfalls.
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