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THE OVERLOAD ON THE NATION'S INSURANCE SYSTEM.
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The article offers information on the improving condition of U.S. insurance industry in 1976. Companies are getting their rates in line but insurance experts predict explosive inflation of price and social. Economic recovery in the securities markets has expanded investment income of the insurers, and the slowdown in inflation has checked the swift escalation of the costs of claims. It presents views of several executives related to loss-sharing, liability litigation, and double-digit inflation.
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