The commercial property/casualty insurance market continues to harden, according to a survey conducted by the Council of Insurance Agents & Brokers. The CIAB’s Commercial Insurance Markets Index survey found the most significant increases for medium-sized accounts-those generating between $25,000 and $100,000 in commissions and fees-with 87 percent of the respondents reporting that rates for such accounts had increased during the previous 90 days. Nearly one-third of the respondents said that the increase was greater than 10 percent. Commerical auto and workers’ comp appear to be hardening.
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