Commercial P&C Prices Up 5.1% in Q3, Umbrella Leading the Pack

By Caitlin Diaz | December 26, 2024 |
An aerial view of commercial buildings with parking spaces in the foreground, showcasing a modern business complex. The image ties into a discussion on commercial P&C price trends.

Commercial property and casualty insurance premiums rose by an average of 5.1% in Q3 2024, with umbrella pricing showing an uptick amid rate moderation in most other lines, according to the Council of Insurance Agents & Brokers (CIAB). Market conditions for Q3 held steady from the previous quarter, CIAB noted in its latest report, with…

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