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Pre-Katrina, rates kept falling in August.

Publication: National Underwriter Property & Casualty
Publication Date: 12-SEP-05
Format: Online
Delivery: Immediate Online Access

Article Excerpt
BEFORE HURRICANE KATRINA HIT THE GULF COAST--perhaps causing a record insured loss of over $20 billion--the property casualty market continued to soften last month, with rates down an average of 6 percent in August, according to MarketScout.com, an electronic insurance exchange.

As in the past few months, the bigger...

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