Comp Pricing Continues to Firm in Q2, Boosting Carrier Earnings

By David Dankwa, Senior ReporterPricing and premium growth trends for commercial carriers continued at a healthy pace in the second quarter, with casualty-related lines experiencing their strongest level of rate increases yet.Second-quarter earnings reports that have come out so far indicate that workers’ compensation remains one of the fastest growing lines for casualty writers. The earnings results give credence to a survey of commercial property and casualty insurance pricing released by the Council of Insurance Agents & Brokers this week.According to the CIAB, property and casual...