Hard market conditions in fourth quarter highlighted by US broker survey

All lines of commercial insurance continued to be impacted by hard market conditions and Covid-19 in the fourth quarter of 2020, with rates increasing, albeit at a slower rate than in previous quarters, according to The Council of Insurance Agents & Brokers’ (CIAB) Q4 Commercial P/C Market Survey. The fourth quarter of 2020 was the 13th consecutive quarter of increased…

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