MarketScout: Soft market may be winding down

01/8/2009 | Business Insurance (tiered subscription model)

MarketScout, the Dallas-based electronic insurance exchange, has observed a trend that may portend the end of the lag in the commercial property and casualty market. The sector's drop below rate adequacy in Q4 2008 may have signaled the end of market softness, said MarketScout CEO Richard Kerr, adding that it could take another year for rates to begin a strong rebound.

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Business Insurance (tiered subscription model)