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Standard & Poor’s (S&P) states that its outlook on some firms in the property & casualty commercial insurance industry will likely be revised downward due to the “soft” pricing cycle over the last few years.
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From the Boston Globe:
“Governor Deval Patrick plans today to unveil a $3.8 billion bond proposal to repair 411 deteriorating bridges throughout the state over the next eight years, a project he will argue not only improves road safety but also pumps cash into the economy to buffer Massachusetts from a recession…”
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