Towers’ measure of rate change has been basically flat for nine consecutive quarters.
Oddly, the chart the consultancy provided doesn’t show the q1-2011 data point: [Update: Corrected chart now appears below.]
Biggest news was in workers compensation. CA WC has been rising for several quarters, but this survey showed comp rates rising outside of California for the first time in almost six years.
Property (!) rates were slightly lower, as was management liability (D&O). Commercial was up a sliver.
Small and mid-sized accounts rose a bit, while large account rates stayed flat.