COVID-19 and Continued Market Hardening Put Stress on P/C Market in Q1: CIAB

E&S market growth

The market continued to harden in Q1 2020, according to The Council of Insurance Agents & Brokers’ quarterly Commercial Property/Casualty Market Survey. Respondents reported moderate to significant premium pricing increases for all account sizes and all lines of business except for Workers’ Compensation. Premium prices across all-sized accounts increased by an average of 9.6% in… Continue reading COVID-19 and Continued Market Hardening Put Stress on P/C Market in Q1: CIAB

Aon’s Lori Goltermann Elected to CIAB Board of Directors

Aon plc, the leading global professional services firm providing a broad range of risk, retirement and health solutions, announced Lori Goltermann, CEO, U.S. Commercial Risk and Health Solutions of Aon, was elected to the Board of Directors of The Council of Insurance Agents & Brokers. Goltermann was elected during The Council’s 106th annual Insurance Leadership… Continue reading Aon’s Lori Goltermann Elected to CIAB Board of Directors

Signs of Continued Market Firming Prominent in Q2 2019: CIAB Survey

Market-wide firming observed last quarter became more starkly evident in Q2 2019, according to results from The Council of Insurance Agents & Brokers’ Q2 2019 Commercial Property/Casualty Market Survey. Accounts of all sizes experienced moderate premium pricing increases, with an average increase of 5.2%, compared to an average of 3.5% in Q1 2019 and 2.4%… Continue reading Signs of Continued Market Firming Prominent in Q2 2019: CIAB Survey