Soft market the new normal: BB&T's Howard

Today's soft market is the norm rather than the exception,
according to BB&T Insurance chairman and CEO John Howard, who
sees it as a key force in industry consolidation.
The US economy's laggard pace has also helped drive that
trend, Howard said during a wide-ranging look at where both
BB&T and the industry are headed during The
Insurance Insider's InsiderScope conference in
New York on 9 May.
Howard noted that since 2014 there had been 13 M&A deals
valued at...