The good news for insurance buyers is that the North Atlantic Hurricane season has not significantly impacted property rates or coverage, and rates are continuing the trend of decreases that we noted in our last update. Insurance buyers can expect decreases across most lines of commercial insurance, including D&O, cyber, workers' compensation, and property if there isn’t a significant catastrophic exposure. The only segments of the insurance market that remain challenging are auto and excess casualty. In this Q3 2024 Commercial Lines Insurance Market Update, we review insurance rates and pricing trends across various segments. Read on for more details by line of coverage.
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