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According to Industry Insiders – Rate Decreases are Slowing in Commercial

Yes – but those $425 and $678 minimum premiums are going nowhere anytime soon…

Quoting an article I got in my inbox the other day:

Mr. Kerr noted that the two largest market segments—commercial property and general liability—had market decreases of 4 percent. Commercial property declines remained the same on a month-to-month basis, while general liability moderated a bit from May’s 5 percent decrease.

While personal insurance is seeing a bit of an uptick – business insurance rates are still “soft”.

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Posted in Commerical Property, Commericial Liability, E&O, D&O, Insurance Industry. Tagged with .

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