NU Online News Service, May 17, 11:56 a.m. EDT 

Progressive could be the biggest beneficiary if increasing personal-lines rates trigger more shopping behavior among consumers, as the Mayfield Village, Ohio-based insurer typically gains share when rates rise, according to a Stifel Nicolaus report. 

In its latest property and casualty industry update, analyst firm Stifel Nicolaus says auto and homeowners rates are expected to accelerate throughout 2012 as auto loss-cost inflation worsens and as insurers continue to adjust to weather-related losses in recent years. For homeowners insurance in particular, Stifel Nicolaus notes that, despite rate increases, earned premiums are still falling behind rising loss costs. 

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