Second-quarter results from NIP Group Inc.’s “Transportation Insurance Pricing Survey” (TIPS) continue to purvey a belief among leading transportation insurance brokers that stability in terms of rate fluctuation and availability has returned to the industry.
“Overall TIPS results for the past two quarters indicate that survey respondents continue to believe the market is improving from where it was a couple of years ago, but we seem to be in a transitional period where not much has changed since last quarter,” said Richard Augustyn, CEO of NIP Group.
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