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Moody's Looks at Insurance Today and into 2019

from PIA Western Alliance

Moody's Investors Services likes what it sees in today's property-casualty insurers. The service rates the industry as "modestly positive." Moody's sees commercial and auto rates going up by mid-to-high single digits the rest of this year and into next. "Through 2019, we expect rate increases to exceed loss cost trends in auto lines, to roughly match loss cost trends in property lines and to lag slightly behind loss cost trends in commercial casualty lines," the report said. more

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