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Old 05-15-2007, 05:11 PM
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Shag
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Default Re: Lower insurance rates...

If you have a hard time sleeping tonight, read this. It has to do with ART (alternative risk trasfer) but explains what is happening in the property and casualty industry right now. Plus Rough Notes is an actual industry trade publication, not a Yahoo article.

Basically it says that the market is softening and rates are coming down EXCEPT on property insurance in coastal areas. No flaming. That would just be killing the messenger.

http://www.roughnotes.com/rnmagazine...l07/04p136.htm