Too early to call HIM rating impact: Powell Brown

Those waiting for signs of the impact on insurance rates from the
spate of third quarter hurricanes will have to wait until the New
Year, according to Brown & Brown CEO Powell Brown.
Speaking as part of an analyst conference call in the wake of
the US broker's early-bird third quarter results, he also
warned that at present "we're not seeing any big rate
increases sticking".
He indicated that the reinsurance market would be a major driver
of change and...