US commercial P&C rate slide regained pace in Q4: CIAB

US commercial P&C rates softened by an average of 3.3
percent in the fourth quarter, according to the latest survey from
The Council of Agents & Brokers (CIAB).
The decline represented a slight acceleration from the average
3.2 percent decrease in Q3 2016 and meant that prices fell across
small, medium and large accounts for the eighth quarter in a
row.
Competition continued to be fiercest for large accounts, with
rates down 4.9 percent, followed by middle-market accounts at 3.8...