Woodruff Sawyer sees P&C rate increases flattening in 2022
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Woodruff Sawyer sees P&C rate increases flattening in 2022

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Property and casualty rate increases will flatten in 2022, but auto and workers’ comp rates are expected to creep higher, Woodruff Sawyer predicted.

The brokerage said in its “P&C Looking Ahead Guide to 2022” forecast that new P&C market entrants have increased competition, which should drive rates lower.

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