US casualty rates climb for the first time in 2 years

Rates rose in the US casualty insurance space over the first
three months of the year to mark the first gain since the third
quarter of 2014, according to a new report from broker Marsh.
On average, the price of renewing casualty business in the
country increased by 0.4 percent, the intermediary revealed in its
Global Insurance Market Index.
"Much of the increase in US casualty renewal rates was
attributed to rate movements in auto liability and workers'
compensation," Marsh...