Commercial Rates — Still Rising says the CIAB & Ivans
Premiums for commercial insurance rose 8.9% in the second quarter of 2023. That’s a slight bump from the 8.8% we saw in the first quarter. It is the 23rd consecutive quarter where rates increased. That’s the conclusion of the latest pricing survey from the Council of Agents & Brokers (CIAB). Property rates skyrocketed in the …
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