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Resource ID: #19391
Subject: Insurance
Source: Wall Street Journal (New York)
Affiliation: 
Date: Tuesday, October 15, 1996

Description

Scism reports that "tight-fisted insurers fight their customers to limit big awards." More insurers are defining the coverage offered in their polices as narrowly as possible and industry observers attribute the new litigiousness to the financial squeeze on business insurers resulting from years weakening premium rates and fierce competition.

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