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Key takeaways are from The Council of Insurance Agents & Brokers’ Commercial Property & Casualty Market Report Q4 2017
Average rates increased for the first time in 13 quarters, according to The Council of Insurance Agents & Brokers’ Q4 2017 Commercial Property/Casualty Market Index Survey.
See the results.
Rates continued to decline for the 11th straight quarter, according to The Council of Insurance Agents & Brokers’ Q3 (July 1-September 30) 2017 Commercial P/C Market Survey.
Commercial property/casualty (P/C) rates continued to decline for the tenth straight quarter, according The Council of Insurance Agents & Brokers’ Commercial P/C Market Survey.
Commercial property/casualty (P/C) rates remained competitive in Q1 2017, with the average rate decline across all accounts at 2.5 percent.
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.
