Commercial property/casualty (P/C) rates declined in Q4 across small, medium and large accounts for the eighth straight quarter, according to The Council of Agents & Brokers’ Commercial P/C Market Survey.
Commercial property/casualty rates decreased across all size accounts once again, according to The Council of Insurance Agents & Brokers’ Commercial P/C Market Survey for the third quarter of 2016. The average decrease was -3.2 percent which is a slight increase from -3.9 percent in Q2. Large accounts once again saw the largest decreases at -4.3 percent, followed by medium-sized accounts at -3.7 percent, and small accounts at -1.5 percent.
The Council of Insurance Agents & Brokers has released the results of its Commercial P/C Market Survey for the second quarter of 2016. Rates once again decreased across all size accounts, by an average of -3.9 percent. Rates were down slightly more than the average from Q1, which was a -3.7 percent.
The Council of Insurance Agents & Brokers released today the results of its Commercial P/C Market Index Survey for the first quarter of 2016. According to survey respondents, commercial property/casualty rates decreased across all size accounts in the first quarter of 2016, continuing a trend in the market since the first quarter of 2015. Rate decreases in Q1 were the largest seen since the trend began, with the exception of large accounts in Q2 2015 which decreased by 5.2 percent compared to the previous quarter.
