2016 Closes on 16th Month of Soft Commercial Market
Commercial insurance wrapped up 2016 with average rate reductions of -1%, while personal lines pricing marked average increases of +2% in December.

Commercial insurance wrapped up 2016 with average rate reductions of -1%, while personal lines pricing marked average increases of +2% in December.
As a Republican President takes office on Jan. 20 and Republicans control both chambers of Congress, lawmakers are eager to put their party’s stamp on many important pieces of legislation this year.
U.S. Senate Budget Committee Chairman Mike Enzi (R-Wyoming) unveiled his FY2017 Budget Resolution, which includes the first step toward repealing the Affordable Care Act by using the budget reconciliation process.
From the failure of Google Compare to the launch of Lemonade, 2016 brought big news for independent insurance agents.
The letter urges Congress to repeal the Affordable Care Act’s 40% “Cadillac” tax, among other burdensome health care taxes.
Former Pennsylvania Insurance Commissioner Michael F. Consedine will serve as the next CEO of the National Association of Insurance Commissioners.
In relationships with brokers, quality of advice is the most important factor driving large commercial customer satisfaction, according to a new study.
As tax season approaches, the Big “I” reminds its members of a new filing deadline for Forms W-2 for employers and small businesses.
The bill aims to create procedural “checks” for federal officials in international insurance negotiations to ensure that the U.S. state-based system of insurance regulation remains strong.
Republican leadership in the U.S. House of Representatives Financial Services Committee took the first step in addressing reauthorization of the NFIP, which is set to expire on Sept. 30, 2017.