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Property & Casualty Update: Increasing Capacity and Competition Contributing to Further Market Softening

Property & Casualty Update: Increasing Capacity and Competition Contributing to Further Market Softening

In today’s insurance market, excess capacity and increased competition (for the most part) have created opportunity in negotiating terms and conditions. Depending on the line of business, this has come in the form of flat to reduced rates, multiyear agreements, and/or...