NU Online News Service, April 16, 3:28 p.m.EDT
Commercial property-casualty insurance market rates continue toshow signs of stability as premium price reductions continue tomoderate, according to a survey of major insurance brokers.
The Council of Insurance Agents & Brokers released itsquarterly survey of its members that finds average rate declinesfor the first quarter of this year stood at -5.1 percent, slightlybetter than the fourth quarter's decline of -6.4 percent. That wasthe first time in the surveys that the average declines fell belowdouble digits since the first quarter of 2007.
Continue Reading for Free
Register and gain access to:
- Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
- Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
