NU Online News Service, April 20, 1:42 p.m. EDT

Non-public property and casualty insurance carriers are reporting continued rate increases as direct premium written increased about 4 percent in 2011 compared to paltry growth of less than 1 percent in 2010, according to a report from SNL Financial.

In a report based on company filings with the National Association of Insurance Commissioners (NAIC) by non-public insurance carriers, SNL says P&C insurers' direct premium written increased 3.7 percent in 2011. This was a jump from the industry's 0.3 percent growth rate in 2010.

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