Q4 2025 Showed Very Soft Market Conditions, According to The Council’s P/C Market Survey
The Council of Insurance Agents & Brokers has released its Q4 2025 Commercial Property/Casualty Market Index, and the data tells a compelling story: the insurance market appears to be entering a meaningful soft cycle. Overall premiums across all account sizes rose by just 0.2% in Q4 — a sharp drop from 1.6% the previous quarter — and large account premiums actually fell for the first time since Q4 2017. More than half of the lines tracked by the survey posted premium decreases, with D&O and cyber leading the way down. For businesses that have felt the squeeze of rising insurance costs over the past few years, this report offers some genuinely encouraging news.
But the story isn’t uniformly good — and that’s exactly what makes this report worth reading. Commercial auto posted its 58th consecutive quarter of premium increases, driven by social inflation, nuclear verdicts, and claims costs that have more than doubled over the past decade. Umbrella coverage is feeling similar pressure. The Q4 2025 Market Index breaks down trends by account size, line of business, and region — including specific Northeast data relevant to firms across the mid-Atlantic — giving brokers, risk managers, and business owners the granular insight they need to make informed decisions heading into 2026. Download the full report to get the complete picture.
