Commercial P&C Prices Up; Workers' Comp Crashes
Insurers reluctant to engage catastrophe-prone property and workers' comp business in Q4 2012.
INN Breaking News, February 7, 2013
Pricing in commercial lines markets has risen 5 percent on average in Q4 2012, according to The Council of Insurance Agents & Brokers’ quarterly “Commercial P/C Market Index Survey.” That compares with a 3.9-percent-average-price increase in Q3 2012, across small, medium and large accounts.
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