Auto, home insurance increasing

[omagh]

Bill Berkley has made the case for a hard market in insurance pricing, so I'm on the watch for pricing changes.  It looks like unit volumes are rising, but rates are not.  If someone has access and can summarize, there is a report available from either PCIAA or III.

 

http://www.bloomberg.com/news/2010-12-21/insurance-sales-rise-most-since-2006-on-auto-home-coverage.html?cmpid=yhoo

 

"The study was jointly published by the association, the Insurance Information Institute and ISO, a unit of Verisk Analytics Inc., the supplier of actuarial data to insurers. The last time sales climbed more than 2.3 percent was in the third quarter of 2006, according to the groups’ data."