A survey by The Council of Insurance Agents & Brokers finds commercial P&C pricing is up 4.3 percent during the third quarter.

Pricing for business interruption, umbrella, commercial property and workers' compensation showed signs of flattening in the third quarter. Each declined slightly more than some other lines during the third quarter.   

"The market looked a lot like the second quarter," said Ken A. Crerar, CIAB president and CEO. "Pricing in general increased modestly last quarter. But without making any predictions there were indications that the market hardening tapered off."

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

  • All PropertyCasualty360.com news coverage, best practices, and in-depth analysis.
  • Educational webcasts, resources from industry leaders, and informative newsletters.
  • Other award-winning websites including BenefitsPRO.com and ThinkAdvisor.com.
NOT FOR REPRINT

© 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.