Commercial property rates still on the up in US, but signs of moderating

Credit: National Oceanic and Atmospheric Administration

Commercial property policyholders in the US can expect upward pressure on rates and restrictive terms and conditions to continue through 2021, though there are some early signs that the market may be moderating, brokers say. However, as first reported in Business Insurance, it seems risk managers have yet to see any easing in the hard market. The 1 Jan renewals…

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