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Commercial Rates Remain Flat

In the second quarter, directors and officers premium dropped 3.5 percent, the largest decrease of any line of business tracked by the survey and due largely to rate cuts for small- to medium-sized bu

By Staff Writer | Updated on August 16, 2006

Commercial insurance premiums were flat to slightly lower in the second quarter of this year compared to the prior-year period, according to the RIMS Benchmark Survey.

In the second quarter, directors and officers premium dropped 3.5 percent, the largest decrease of any line of business tracked by the survey and due largely to rate cuts for small- to medium-sized businesses.

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