NU Online News Service, June 4, 11:30 a.m. EDT
A survey of the nation's leading insurance brokers found that group medical renewal premiums are still hitting double-digit increases, but some say insurers are being flexible to retain market share.
The Council of Insurance Agents & Brokers released its June Employee Benefits Market Survey for small, medium and large employers and reported that the majority of clients were hit with increases.
"Several members commented that they are seeing large increases," Ken A. Crerar, president of the CIAB, said in a statement.
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