Some analysts say a combination of factors is conspiring to make rate increases for both commercial and personal lines inevitable, possibly by the beginning of next year.

Loss-cost inflation (the cost of claims) will force insurers to increase rates for personal lines, says Myers Shield, a financial analyst for Stifel Nicolaus, in an analyst's note.

Shield says private-passenger auto is “still fairly stable,” but because some insurers are seeing a higher level of loss-cost inflation, some may need to raise rates higher, benefiting those carriers that have controlled those costs.

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