As conditions improve in commercial property lines, Alera reports buyers are seeing more moderate price increases, better placement terms and increased capacity in some areas. (Credit: bizvector/Adobe Stock)
The U.S. property and casualty market has begun to stabilize, says the latest market update report from Alera Group. In Q1 2024, premium increases averaged 7.7% across all lines and account sizes, but that dropped to a 5.2% average increase in the second quarter.
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Brittney Meredith-Miller
Brittney Meredith-Miller is assistant editor of PropertyCasualty360.com. She can be reached at [email protected].
