US commercial P&C pricing off 2.8% in Q2
US commercial property and casualty rates softened for the tenth
straight quarter with an average reduction of 2.8 percent in Q2,
according to the latest survey from The Council of Insurance Agents
& Brokers (CIAB).
That represented a slight acceleration from the 2.5 percent
average decline across all account sizes in the first quarter.
The CIAB said that the movement was evidence of a market that
appears to be stabilizing in 2017, with rate reductions in the
range of 2.5...
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