Greenville, NC (PRWEB) October 04, 2013
Moody’s Investors Service recently stated in its latest industry outlook that US commercial lines insurers have a stable outlook, which reflects good fundamentals and pricing discipline. With that in mind, Alcock Insurance & Risk Management Services, LLC urges customers to sign up now to get a quote for commercial insurance.
Moody’s latest industry outlook, “Stable Outlook for US P&C Commercial Lines Insurers: Good Fundamentals, but not a Hard Market,” was released on Aug. 28 and reflects an expectation of commercial casualty rates remaining in favorable territory for the next 12-18 months. The report references tools, including catastrophe models, predictive models and capital models with economic scenario generators, to help identify and manage sources of earnings and capital volatility. These tools have prompted actions designed to reduce volatility and the overall amplitude of the underwriting cycle.
The projection of a stable outlook for the US property-casualty commercial insurance industry is based on a prediction of underwriting margins being favorable in the coming months, coupled with improved risk selection and claims processes. The result is a projection of reductions in volatility.
The entire Moody’s industry outlook can be found here: https://www.moodys.com/research/Moodys-Stable-outlook-for-US-commercial-lines-insurers-reflects-good--PR_281125.
Alcock Insurance & Risk Management Services, LLC offers fast, accurate, affordable and easy insurance quote services. They are world renowned and specialize in personalized one-on-one service. Owner Holliday Alcock has been in the insurance industry since 1999 and has an educational background in insurance and risk management. Alcock recently switched her main area of focus to commercial insurance. She says now is the time to get a general-liability quote for commercial and auto insurance.
Contact Alcock Insurance & Risk Management Services, LLC by visiting http://www.alcockinsurance.com/ and find out more about their independent insurance agency.
About the company:
Alcock Insurance & Risk Management Services, LLC is a locally owned and operated insurance agency in Greenville, NC, providing quality insurance products in a friendly, neighborly, hometown environment. It is their goal to provide a service beyond that of just an insurance agent and become one of insurance educator, neighbor, and friend. They are devoted to forming long-term relationships not only with clients, but also the community. They offer an array of insurance products in Property & Casualty and Life & Health, for both businesses and individuals. They have partnered with the finest insurance companies in the industry enabling them to tailor insurance coverage to customers' specific needs. Whether they need coverage for your Business, Auto, Home, Rental Properties, Motorcycle, Boat, Classic Car, Beach House, or RV, they have a market for you. They offer free risk management evaluations and free quotes.