Gallagher CEO calls rate increases justified

02-05-2018

The current rate increases in the insurance sector are justified, Arthur J Gallagher CEO J Patrick Gallagher, Jr., said during the broker’s first quarter 2018 results conference call.

Property and commercial auto are seeing the largest price increases up 3 percent to 5 percent, casualty and specialty lines are "flat up 2 percent" while workers' comp is "flat to down about a point," he said.


Arthur J. Gallagher, J. Patrick Gallagher, Jr., Rates, Catastrophe, North America

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