Commercial Lines Composite Rates Accelerate in Third Quarter
Commercial rates saw an increase of 6.8% at third quarter of 2021, while personal lines saw average increases of 6.6%.

Commercial rates saw an increase of 6.8% at third quarter of 2021, while personal lines saw average increases of 6.6%.
Training webinars for Risk Rating 2.0, FEMA’s new pricing methodology for the National Flood Insurance Program (NFIP), are free for agents.
Despite heightened cyber concerns, less than half of business leaders have adopted basic preventive measures, according to the Travelers Risk Index.
If passed, the legislation would reauthorize the National Flood Insurance Program (NFIP) through Dec. 3.
All new policies effective on or after Oct. 1 must be issued under Risk Rating 2.0, FEMA’s new pricing methodology for the National Flood Insurance Program (NFIP).
With Risk Rating 2.0 currently scheduled to be implemented Oct. 1, disagreements in Congress could lead to a government shutdown and a lapse in the National Flood Insurance Program (NFIP).
As baby boomers move from home ownership to renting, only half stay loyal to their insurer, according to a survey by J.D. Power.
The National Flood Insurance Program (NFIP) is currently scheduled to expire on Sept. 30.
House Democrats continue negotiations on the proposed plan intended to pay for the Democratic party’s $3.5 trillion spending package.
The proposed regulation mandates apply to health insurance issuers offering individual coverage or short-term, limited duration insurance and would require a company to disclose compensation provided to a producer for enrolling individuals.