Rate Increases

  • Posts: 7
    Posted on 11/18/2012
    larrylipman
    What do you see, for 2013, or hear from carriers in terms of BOP an WC rate increases that we're supposed to 'expect'?  Any carrier intimate that Sandy has had an impact?  I know that's two questions for one topic,, and I apologize.  Any ideas?
  • VP Transportation
    Posts: 31
    Posted on 11/20/2012
    rb-TrkICs
    NCCI posts industry reports by state and has national stats on the loss costs and general direction of rates. Look at their site and the info posted from the various state meetings. Industry articles have been published in various sources about companies that have taken a hit by "Sandy". Look to Insurance Journal and others to see what is published. rb
    rb-TrkInsGeek
  • VP Transportation
    Posts: 31
    Posted on 11/20/2012
    rb-TrkICs
    Sandy Losses Within Hurricane Models, Manageable: Reinsurer Hiscox 
    http://www.insurancejournal.com/news/national/2012/11/05/269381.htm
    Insured Losses From Hurricane Sandy $7-$15 Billion: AIR Worldwide
    http://www.insurancejournal.com/news/national/2012/10/31/268505.htm
    rb-TrkInsGeek
  • VP Transportation
    Posts: 31
    Posted on 11/20/2012
    rb-TrkICs
    rb-TrkInsGeek
  • VP Transportation
    Posts: 31
    Posted on 11/20/2012
    rb-TrkICs
    Infrastructure Damage Could Drive Sandy Losses Higher Than Current Estimates
    http://www.propertycasualty360.com/2012/11/19/infrastructure-damage-could-drive-sandy-losses-hig
    rb-TrkInsGeek
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