US commercial rates soften faster despite auto hikes

In the second quarter US commercial auto rates registered their
highest rate increase since they started hardening in 2011.
Commercial auto prices rose by 6.1
percent in the quarter on average, up from 5.4 percent in Q1 2017
and continuing a trend of accelerated hardening over the last five
quarters, according to the latest survey from the Council of
Insurance Agents & Brokers (CIAB).
The organisation noted that some survey respondents had reported
increases of as high as 15 percent...