CIAB commercial lines survey News

CIAB: Commercial Premiums Rise 5.4% Overall in Q4 2024

2024 ended as steady as ever – with “no real change in current market conditions” – as respondents of a recent survey reported most lines of business in the last quarter had average increases in premiums about the same or …

CIAB: All Commercial Lines See Lower Q3 Premium Increases Except Umbrella

Respondents of a recent survey reported lower premium increases for all lines of business except umbrella during the third quarter. According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes rose …

CIAB: Clear Evidence of Softening Commercial P/C Market Conditions in Q2

Commercial property/casualty premium increases in the second quarter 2024 were flat or down from the previous quarter for all lines of business—evidence of a softening insurance market, according to The Council of Insurance Agents & Brokers (CIAB) quarterly survey. Premiums …

CIAB: Commercial P/C Premiums Increase 7.7% in Q1 2024

Overall commercial property/casualty premiums increased slightly for all account sizes to 7.7% on average in the first quarter 2024. According to The Council of Insurance Agents and Brokers’ Q1 Market Survey, the 7.7% average increase in Q1 compared to 7% …

25 Straight Quarters of Premium Increases for Commercial Lines: CIAB Survey

Overall commercial property/casualty premiums increased slightly for all account sizes to 7% on average in the fourth quarter 2023, continuing a trend that has now last more than 6 years. According to The Council of Insurance Agents and Brokers’ Q4 …

Q3 2023 Signals Six Years of Premium Increases for Commercial Lines: CIAB

Overall commercial property/casualty premiums increased slightly more than 8% on average in the third quarter, marking six full years of steady increases. According to The Council of Insurance Agents and Brokers’ Q3 Market Survey, the 8.1% average increase in Q3 …

Commercial Property Premiums Up Over 20% to Start 2023: CIAB

Commercial property premiums increased more in the first quarter than they have in more than 20 years as the first three months of the year marked the 22nd straight quarter of overall premium increases, at 8.8%, according to the newest …

Commercial Insurance Price Increases Stay Level But Clients Still Worried: CIAB

“Stabilization” and “moderation” continued to be the operative words for premium increases in the commercial property/casualty market, but many clients remain concerned about future hikes, according to the newest survey from The Council of Insurance Agents & Brokers. Overall, premiums …

Commercial P/C Rates Up for 20th Straight Quarter: CIAB

Third-quarter 2022 marked the 20th consecutive quarter of increased premiums for commercial property/casualty, according to the latest report from the Council of Insurance Agents and Brokers (CIAB). The average premium increase across all account sizes was was 8.1% in Q3 …

Cyber Insurance Premiums Up 27.5% to Lead All Lines in Q1: CIAB

According to The Council of Insurance Agents & Brokers’ (CIAB) Commercial Property/Casualty Market Index, capacity for cyber insurance may be decreasing while demand is increasing, which could have driven cyber premium price increases of an average 27.5% during the first …