A number of personal Auto insurers will implementmid-single-digit rate increases over the next several quarters, tooffset higher claim frequency and severity trends, according tothe ”P&C Personal Insurance—U.S. Outlook”from Moody's Investors Service. Current severity trendsreflect new car sales at near-record levels, increased fraud,higher speed limits in certain states, pricier vehicle componentsand more serious accidents.

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Moody's says to also expect low-to-mid-single-digit rateincreases in the Homeowners' market, which will drive underlyingmargins and lower reinsurance costs.

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Below, a summary of the findings from Moody's. Click image toenlarge.

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Related: Financial security tops Travelers' Consumer RiskIndex for 2015

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Shawn Moynihan

Shawn Moynihan is Editor-in-Chief of National Underwriter Property & Casualty. A St. John’s University alum, Moynihan has earned 11 Jesse H. Neal Awards, the Pulitzers of the business press; seven Azbee Awards, from the American Society of Business Press Editors; two Folio Awards; and a SABEW award, from the Society of American Business Editors & Writers. Prior to joining ALM, he served as Managing Editor/Online Editor of journalism institution Editor & Publisher, the trade bible of the newspaper industry. Moynihan also has held editorial positions with AOL, Metro New York, and Newhouse Newspapers. He can be reached at [email protected].