Business Services Industry
Property insurance rates down 15%; Market competitive for first time since Sept. 11.(Finance)
Crain's Chicago Business, July, 2004 by Daniels, Steve
Byline: STEVE DANIELS After two years of steep increases in property insurance rates following the Sept. 11 terrorist attacks, prices have moved down decisively in recent months, giving businesses some relief. Within the last six months, commercial property rates have declined 15% or more as businesses renew their policies, insurance brokers and risk managers for corporations say.
Underwriters are vying hard for marketshare again after losing their appetite for new business in the immediate aftermath of the World Trade Center destruction. The news is particularly good for real estate companies, but also welcome to property-intensive companies like utilities. Chicago-based Jupiter Realty Inc., which owns more than $1 billion worth of office and apartment...
Most Recent Business Articles
- Your feedback
- Why fly solo when an executive assistant can accelerate your CLNC® business?
- The CLNC® mentors held the key to my first case and to my CLNC® success
- Atlanta CLNC® 6-day certification seminar photo galleryplus sign up today for spring 2009 to save $100.00
- Announcing the 2009 NACLNC® conference keynote speaker, Stedman Graham: move like a maverick for breakaway CLNC® success at the 2009 NACLNC® conference
Most Recent Business Publications
Most Popular Business Articles
- Using object-oriented analysis and design over traditional structured analysis and design
- Big Fish Games Migrates Upstream to Fisher Plaza; High Growth Online Gaming Firm Vaults Fisher Plaza Occupancy Rate Above 90%
- Top of the line: some of the world's most well-respected doctors practice in South Florida. A guide to choosing the best physician specialists - Top Doctors in South Florida
- Sand filter basics: high-rate sand filters can be confusing for those new to the business. Understanding valve modes is the key
- BEHR Paints Introduces a Colorful New Way to Paint and Prime All in One with BEHR Premium Plus Ultra™ Interior

