While it may seem like the property/casualty insurance industry has been in a soft market for a long time, it’s actually only been four months, according to one brokerage executive who tracks pricing every quarter. Once again the composite rate …
U.S. commercial insurance market segments, including directors and officers (D&O) liability insurance, are continuing to soften and are likely to stay on this path for the near-term even as several large competitors merge, Fitch Ratings says. Premium rates in property …
Cyber insurance stood out in the third quarter as the only line for which insurers saw consistent and large rate increases, which averaged more than 15 percent in the United States, according to the latest analysis from Marsh. Even with …
Commercial property/casualty insurance prices continued to decline moderately — an average of 3.1 percent— during the third quarter, according to a survey by The Council of Insurance Agents & Brokers. The CIAB survey showed a continued decline in commercial P/C …
