Six Major Conclusions (RIMS)

Tuesday, May 29th, 2001 Risk Management Technology

Six Major Conclusions Of RIMS Survey • The cost of risk declined in the United States and rose in Canada. • The insurance market continues to be competitive in the United States and is tightening in Canada. • Workers’ compensation cost-control methods are being widely applied. • Employment practices liability coverage is being purchased by a majority of U.S. survey respondents. • Losses attributable to the Y2K bug were small. • Mergers and acquisitions of insurance carriers and brokers did not significantly affect most organizations.

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http://www.nationalunderwriter.com/archives/Pc_archive/2001/P01-01/P200101six.asp

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