Sub Prime Mortgage Debacle and Business Insurance

There has been a lot of talk about how the sub prime mortgage collapse may affect the over all economy. With this in mind I wondered how this can effect our business insurance clients. My thought was if the insurance companies had significant amounts of their investment portfolio invested in mortgage backed securities, there might be some impact on rates to the consumer. Well from the latest articles in the industry news, it seems the insurance industry is not going to be affected. This is good news for small business clients, who will most likely continue to see competitive rates for business insurance into next year.

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