NEWS RELEASE – FOR IMMEDIATE RELEASE Contact: Robert Boyce Director of Market Intelligence & Insights 202.662.4305 Robert.Boyce@ciab.com COMMERCIAL PROPERTY/CASUALTY MARKET CONTINUED TO FIRM IN Q1 2019, ACCORDING TO CIAB SURVEY WASHINGTON, D.C. —
The market continued to firm in the fourth quarter of 2018, according to results from The Council of Insurance Agents & Brokers’ Q4 2018 Commercial Property/Casualty Market Survey.
Take-up rate remained low in the second half of 2018, with 33 percent of respondents’ clients having purchased at least some form of cyber coverage.
NEWS RELEASE – FOR IMMEDIATE RELEASE Contact: Brianne Spellane Senior Director, Communications & Content Strategy 202.662.4303 brianne.spellane@ciab.com IRS Excludes Non-Cash Value Premiums from FATCA after Ongoing Advocacy Efforts from The Council
Premium pricing across all sized accounts saw similar increases to Q3 2018.
Martin P. Hughes, executive chairman of the Board of Directors for HUB International in Chicago, was elected 2019 Chairman of The Council of Insurance Agents & Brokers.
The Council of Insurance Agents & Brokers welcomed 21 new member firms in total during 2018.
NEWS RELEASE – FOR IMMEDIATE RELEASE Contact: Brianne Spellane Senior Director, Communications & Content Strategy 202.662.4303 brianne.spellane@ciab.com The Council Foundation Awards $375,000 in Academic Scholarships to Standout Industry Interns WASHINGTON,
Average premiums across all sized accounts increased by 1.5 percent in Q2 2018, according to The Council of Insurance Agents & Brokers’ latest Commercial Property/Casualty Market Index Survey. The survey’s findings continued a trend of increased premiums that began in Q4 2017.
Results were consistent with responses from the first and second halves of 2017: cyber insurance take-up rate remained low and premium pricing stayed flat or decreased over the past six months.
