Despite these tough economic times, salary budgets within the property casualty insurance industry appear to be holding steady according to the Property Casualty Insurers Association of America (PCI) Insurance Compensation Survey.

The survey shows that property casualty insurance companies are projecting average salary budget increases of 3.4 percent in 2010, which is the same percent increase reported in 2009.This compares to average salary budget increases of 4.0 percent in 2008.

The PCI insurance compensation survey includes information for over 60 benchmark jobs in the property casualty insurance industry.