Wednesday, January 25, 2012

Quarterly Commercial Rate Change, 4th Quarter 2012

Just received the rate change data for the U.S. Property & Casualty Industry commercial rates for 4th quarter, 2011. It shows an increase across the board of 2.8%. This clearly demonstrates that the tightening of the market is gaining strength. The years of price cutting, decreased investment income and slowing prior year reserve releases is taking it’s expected toll. 

- Jerry Sullivan
Quarterly Change in Commercial Rates 1-25-12

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