Liability rates could see upward pressure for next few years: Brown & Brown CEO
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Liability rates could see upward pressure for next few years: Brown & Brown CEO

Cat rates meanwhile are seeing downward pressure from 'pricing fatigue’ and limit expansion.

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Brown & Brown CEO J Powell Brown has said the liability market could see upward pricing pressure for the “next several years” as carriers experience adverse development from prior years, particularly 2018-2020.

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