Opinion: Rating disparity

Ask most brokers and underwriters in the US commercial insurance
sector about the state of pricing and they'll tell you it is a
buyer's market.
There may be the occasional pocket of hardening - segments of
commercial auto are an obvious example - but the abundance of
capital and relatively benign claims environment have helped
sustain pricing pressure on insurers over the last couple of
years.
Ask about the magnitude of softening, however, and you'll
find less accord.
And two...