In industry news:

The Council of Insurance Agents & Brokers’ third quarter Commercial P&C Market Index Survey showed a continued, though moderate, decline in commercial P&C rates across all account sizes and most lines. This was consistent with the general trend of gradually declining rates observed since the first quarter of 2013. Business Interruption, Commercial Property, General Liability, Umbrella, and Workers’ Compensation were the lines brokers most often noted as having seen a decline in rates.

Read further detail on the survey via Workers’ Compensation Institute 360 here.

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