Transportation Insurance Pricing Survey Result 2010

NIP Group, Inc. published the results of the Transportation Insurance Pricing Survey (TIPS™) for the fourth quarter of 2010. The survey was issued to leading transportation insurance brokers, wholesalers and underwriters representing thousands of account placements and is used to benchmark changes in the availability and rates in the transportation insurance market.

For most of 2010, survey responses have indicated that the transportation insurance market is soft, however there seems to be a consensus that it is more stable. Analysis of the results for the past few quarters shows that respondents believe that the rate at which insurance carriers are entering the transportation space is waning. –

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