Rates for primary casualty lines—general liability, workers’ compensation, and auto liability—firmed in the fourth quarter of 2011 and the first quarter of 2012, in keeping with market trends.

In fact, average premium rates for all lines increased in the first quarter of 2012. Insureds with more difficult exposures or adverse loss experience will likely face more significant increases at renewal. Additionally, there is increased upward pressure on rates for guaranteed cost workers’ compensation and lead umbrella programs. However, barring adverse loss experience and any further catastrophic events, we expect rate increases to level off at midyear.