Casualty rates climbed through the fourth quarter of 2012 and are positioned to continue their ascent in 2013, according to a recent report from Marsh.
In its “Benchmarking Trends: Casualty Rates Edging Upward” report, the brokerage says the rate increases are likely to be felt “unevenly” across various industry sectors and depend upon client-specific risk factors.
The report focuses on four U.S. Casualty lines: General Liability, Workers’ Compensation, Auto Liability and Umbrella/Excess Casualty.
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