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MarketScout: Bid Rigging, Incentive Commissions, Hurricanes and a Presidential Election Impact P/C Market

National News • November 4, 2004
According to Richard Kerr, chairman and CEO of MarketScout, an online insurance exchange with more than 50,000 users, the October 2004 composite rate for U.S. property and casualty insurance is ...

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Subject: RE: Bid Rigging

Posted On: November 5, 2004, 3:23 pm CST
Posted By: Larry VanZant , CIC , CPCU
Comment:
I would think the price for Insurance would decline once the amount of the Contingencies are factored in to the bottom line for the cost of Insurance. Hopefully, the Insured will lower the price of their products to their customers and everyone will win.
Subject Posted By Posted On
RE: Bid Rigging Jay Schrader, CPCU
Nov 5, 2004, 4:09 pm
RE: Bid Rigging Larry VanZant , CIC , CPCU
Nov 5, 2004, 3:23 pm
Bid Rigging Andrew J. Barile,CPCU
Nov 5, 2004, 1:55 pm
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