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	<title>Fast Business Insurance &#187; Towers Perrin</title>
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		<title>Commercial Property &amp; Casualty Prices Stabilize In 4th Quarter</title>
		<link>http://www.fastbusinessinsurance.com/blog/2009/03/commercial-property-casualty-prices-stabilize-in-4th-quarter/</link>
		<comments>http://www.fastbusinessinsurance.com/blog/2009/03/commercial-property-casualty-prices-stabilize-in-4th-quarter/#comments</comments>
		<pubDate>Tue, 17 Mar 2009 14:16:59 +0000</pubDate>
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				<category><![CDATA[Market Conditions]]></category>
		<category><![CDATA[premium decline]]></category>
		<category><![CDATA[price decline]]></category>
		<category><![CDATA[Towers Perrin]]></category>

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		<description><![CDATA[&#8220;Commercial insurance prices saw just a slight decline of 3 percent during the fourth quarter of 2008 compared to the same quarter a year ago &#8211; representing the smallest reduction in the past eight quarters &#8211; according to Towers Perrin&#8230;.&#8221; &#8230; <a href="http://www.fastbusinessinsurance.com/blog/2009/03/commercial-property-casualty-prices-stabilize-in-4th-quarter/">Continue reading <span class="meta-nav">&#8594;</span></a>]]></description>
			<content:encoded><![CDATA[<blockquote>
<div><span class="765112212-17032009"><span style="font-family: Arial;">&#8220;Commercial insurance prices saw just a slight decline of 3 percent during the fourth quarter of 2008 compared to the same quarter a year ago &#8211; representing the smallest reduction in the past eight quarters &#8211; according to Towers Perrin&#8230;.&#8221;</span></span></div>
</blockquote>
<div><span class="765112212-17032009"></span> </div>
<div><span class="765112212-17032009"><span style="font-family: Arial;">The decline in rate reduction<span class="031210814-17032009">s</span> is likely the beginning of a hardening market where rate increases are predicted for the fourth quarter in 2009.  </span></span></div>
<div><span class="765112212-17032009"></span> </div>
<div><span style="font-family: Arial;"><span class="765112212-17032009">Source:  </span><span class="765112212-17032009"><a href="blocked::http://www.insurancejournal.com/news/national/2009/03/16/98756.htm" title="http://www.insurancejournal.com/news/national/2009/03/16/98756.htm" onclick="javascript:pageTracker._trackPageview ('/outbound/www.insurancejournal.com');">http://www.insurancejournal.com/news/national/2009/03/16/98756.htm</a></span></span></div>
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