Respondents of a recent survey reported lower premium increases for all lines of business except umbrella during the third quarter. According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes rose …
Overall commercial property/casualty premiums increased slightly for all account sizes to 7.7% on average in the first quarter 2024. According to The Council of Insurance Agents and Brokers’ Q1 Market Survey, the 7.7% average increase in Q1 compared to 7% …
Commercial property premiums increased more in the first quarter than they have in more than 20 years as the first three months of the year marked the 22nd straight quarter of overall premium increases, at 8.8%, according to the newest …
“Stabilization” and “moderation” continued to be the operative words for premium increases in the commercial property/casualty market, but many clients remain concerned about future hikes, according to the newest survey from The Council of Insurance Agents & Brokers. Overall, premiums …
Robert L. Cohen, chairman and chief executive officer of The IMA Financial Group Inc., in Denver, Colo., has been elected as 2017 chairman of The Council of Insurance Agents & Brokers. He succeeds Bill D. Henry, chief executive officer of …
Commercial property/casualty rates decreased across all size accounts in the first quarter of 2016, continuing a trend that has been evident since the first quarter of 2015. This year, first quarter rates decreased by an average of 3.7 percent. According …
The Council of Insurance Agents & Brokers (CIAB) announced four additions to its association staff. John P. Fielding is joining as in-house general counsel. Fielding has spent the last nine years with the law firm Steptoe in its Washington, D.C. …
Commercial property/casualty insurance prices continued to decline moderately — an average of 3.1 percent— during the third quarter, according to a survey by The Council of Insurance Agents & Brokers. The CIAB survey showed a continued decline in commercial P/C …
The Council of Insurance Agents and Brokers reported that Bill Henry of Texas has been elected as the group’s 2016 chairman. Henry is chief executive officer and chairman of Dallas-based MHBT, a Marsh & McLennan Agency company. Henry succeeds Steve …
Things have changed a bit for the surplus lines industry since the Non-admitted and Reinsurance Reform Act, (NRRA) part of the Dodd-Frank Wall Street reform legislation, passed in 2010. The NRRA’s implementation has provided more uniformity in the regulation and …
