Excess and umbrella rates falling short of loss trends: Liberty Mutual
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Excess and umbrella rates falling short of loss trends: Liberty Mutual

Auto, umbrella and excess lines recorded mid-double-digit rate increases in Q2.

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Liberty Mutual is finding that excess and umbrella rates are not keeping pace with loss trends, due to the effects of legal system abuse, said Neeti Johnson, president of Liberty Mutual Global Risk Solutions (GRS).

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