Al3x Lee
Guru
- 952
According to Zywave
Happy New Year -2023 - Another year of premium increases
According to Zywave
- 783
I made a list, and checked it twice.
They are all naughty, and not nice...
All of my companies are taking rate this year and next, with commercial auto taking the lead. Just a couple years ago, average CA unit around $2K; today 4 - 5k.
Crazy times.
They are all naughty, and not nice...
All of my companies are taking rate this year and next, with commercial auto taking the lead. Just a couple years ago, average CA unit around $2K; today 4 - 5k.
Crazy times.
- 5,290
According to Zywave
Most things besides w.c. is going up, especially property in my area. W.C. rates aren't going up, but payrolls are, so I'm seeing increases on w.c. in that way.
Since I'm commercial only, my clients are pretty sophisticated and understand things are going up. Plus, most of them have been with me for a while and know it's the truth when I tell them we've shopped around, and they are being presented with the best option.
It's not the way I want to grow my book, but I guess I'll take the pay increase.
- 2,195
Its going to be a fun year.
- 5,290
Yeah, like rolling around in broken glass and then taking a bath in tabasco sauce type of fun.
- 2,195
Welcome to the party my friend. Now the Personal Lines guys can watch the Commercial Lines guys squirm in California for a bit.
- 5,290
I guess he who laughs last laughs best, eh?
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