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CIAB survey: Commercial-Lines Rate Increases Moderate Again in Q4

Commercial-lines agents and brokers say pricing continued to moderate in the fourth quarter, a trend seen throughout 2013, according to the Council of Insurance Agents & Brokers latest quarterly pricing survey.

By Phil Gusman | Updated on February 11, 2014

Commercial-lines agents and brokers say pricing continued to moderate in the fourth quarter, a trend seen throughout 2013, according to the Council of Insurance Agents & Brokers’ latest quarterly pricing survey.

Pricing was up on average by 2.1% in 2013’s fourth quarter compared to the previous quarter, CIAB says. In the third quarter, rates were up by 3.4% over rates in the second quarter. Rates icreased by 4.3% in the second quarter and by 5.2% in the first quarter.

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