NU Online News Service, Jan. 25, 10:34 a.m. EST

Workers' compensation led the way for fourth-quarter rate increases at 7.5 percent—contributing to an overall industry average rise of 2.8 percent for the time period, according to The Council of Insurance Agents & Brokers.

The Council released its 4th quarter survey results of member insurance brokers yesterday, saying prices have rebounded from negative-5.4 percent for the same period last year.

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.