D&O, Cyber Rates Dropped in Q2, and Commercial Auto Average Increases Ticked Back Up

premium increases down or flat

Stabilization of some parts of the commercial property/casualty insurance market continued apace in the second quarter of 2023, with an “oversupply” of capacity in the directors and officers liability sector, lower rates in cyber, and chance to save some money in the workers compensation market, according to a market update from Woodruff Sawyer.