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September 16, 2008 in Editors' Featured
The Perfect Storm
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A perfect storm could be in the industry's forecast should the impact from the subprime fallout, natural disasters and carrier reserve redundancies converge later this year, says Paul Springman, president and chief operating officer of Markel Corp. In this interview with Insurance Journal's Andrea Wells, Springman says that while he remains optimistic about the future of the P/C insurance market, Markel will plan and prepare for a prolonged soft market, and seek out new opportunities for growth.
