Not as much activity in December with rate changes. Here are a few estimates from available data.
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Rate Changes in SERFF:
Amica +15%
Dairyland +7.2%
Hidden amounts from Hallmark, Apollo, Acacia, Mendota, ASA, Excellent, Newstar, and others
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Rate Changes Imputed in ITC Data:
Progressive +3.6%
Apollo +5%
Pronto +5%
For the first time in two years wages outpaced inflation. A welcome change as agents head into the busy season of tax-prep and higher insurance sales opportunities.
