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General Liability Market Trends: Q1 2014
Countrywide average primary general liability rate increases are at +2.5%, down from last quarter’s +3.2% and +4.4% last March. Average rates for national accounts dropped to +1.3% to +1.6% from about...
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Umbrella and Excess Liability Market Trends: Q1 2014
Flat renewal and rate reductions were visible again in the umbrella marketplace. The average umbrella rate change was +2.1% compared with +2.8% last quarter and +4.3% a year ago. Savvy underwriters...
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Auto Liability Market Trends: Q1 2014
Primary auto rate increases are averaging +2.7% countrywide, which continues a downward trend from +3.3% last quarter and +3.9% for the previous quarter and +4.4% a year ago. Middle market average rate...
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U.S. Casualty Market Trends: Q1 2014
Our auto and general liability rate trends for Q1 are bringing us back to the ‘90s—at least for those who remember the TV show Twin Peaks. We’re seeing twin peaks in our statistical analysis graphs,...
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Casualty Marketplace is a Buyer’s Market; Take the Money and Sit – at the...
Moderating rate pressure continues in the casualty marketplace in North America, and we are counseling risk managers not to take the money and run but to sit down with their carriers and consider...
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US General Liability Market Trends – Q3 2014
Countrywide, average primary general liability rate increases are at +1.6%, unchanged from last quarter’s +1.6% but down from +4.0% last September. Average rates for national accounts dropped to +0.5%...
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US Casualty Market Trends – Q3 2014
Who doesn’t want to turn the clock back? Return to some better time and place from the past? Those who live at least part of their life in the casualty marketplace have a modest opportunity to do just...
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US Umbrella and Excess Market Trends – Q3 2014
Flat renewal and rate reductions were common again in the umbrella marketplace. As was the case last quarter, the average umbrella rate change was +0.8% compared with +3.8% a year ago. Savvy...
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US Workers Compensation Market Trends – Q3 2014
The average reported rate increase for Workers’ Compensation is approximately +2.7% on a countrywide basis, down about 3.6 percentage points compared to the average rate increase of +6.3% from our...
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US Auto Liability Market Trends – Q3 2014
Primary auto rate increases are averaging +2.0% countrywide, which continues a downward trend from +2.7% last quarter and +3.9% a year ago. Middle market average rate increases are about +2.1% compared...
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