Gallagher CEO calls rate increases justified


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

More on this story

Gallagher snaps up Texas MGA Pronto

Intelligent Insurer