The Impact of 2011 Record Year of Cat Losses on Rates

It should not be news to anyone that 2011 was a record year for catastrophe losses.

Lisa Parry Becker with Wm B Parry & Son Ltd out of Bucks County, PA discusses the impact these losses are having / will have on rates in her blog.  In a conversation with Becker she explained that she "decided to do some research since there were obvious questions coming from clients about rate increases."

Who knows what we will see in terms of cat losses for 2012, so for now let's take a look back on 2011 and see what impact those losses are having on us today.

2011 Natural Disasters: Rate Increases on the HorizonBy: Lisa Parry Becker February 11, 2012