Terry Wellard.
Rates in private motor and the fleet sector are now rising. History tells us this should be good news for the rest of personal lines.
With all the published losses flying around singling out motor as adisaster area, is it any wonder we are witnessing the extent of rate
increases being applied at present.
This is far too late for some and still nowhere near enough for
others.
I have been banging on about insane rate-cutting since I started this
column without, it seems, anyone listening. Reducing overheads and making
mass redundancies are no substitute for a sensible underwriting approach
and therefore this desperate state was
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