Positive Pricing Predicted in Property/Casualty Products

摘要

Supply and demand are working to deliver more products and favorable pricing in the property and casualty market, particularly in the area of general liability and workers' compensation. "Pricing is definitely becoming more favorable for contractors," says Henry Nozko, Jr. president of ACSTAR Insurance Co. "The liability insurance product is more readily available at probably lower prices than last year. Added to this, there are new companies that have entered the market and therefore more products than a year ago."