Thank you for sharing!

Your article was successfully shared with the contacts you provided.

Remember the golden years of the 1990s, when commercial insurance rates fell by only about 5 percent per year? Those were the days! When second-quarter statistics are released in about 30 days, it is expected they will reveal that we’ve just completed our seventh-straight quarter of double-digit commercial pricing declines. While that might be great news for insurance buyers, it is extremely painful for insurance brokers, whose compensation is normally based on a percentage of those declining commissions.


Join PropertyCasualty360

Don’t miss crucial news and insights you need to make informed decisions for your P&C insurance business. Join PropertyCasualty360.com now!

  • Unlimited access to PropertyCasualty360.com - your roadmap to thriving in a disrupted environment
  • Access to other award-winning ALM websites including BenefitsPRO.com, ThinkAdvisor.com and Law.com
  • Exclusive discounts on PropertyCasualty360, National Underwriter, Claims and ALM events

Already have an account? Sign In Now
Join PropertyCasualty360

Copyright © 2019 ALM Media Properties, LLC. All Rights Reserved.