CIAB: Cyber price hikes slowed to 20.3% in Q3 as property rates rise by 11.2%
US commercial insurance rates went up by 8.1 percent in the third quarter - a big jump from Q2’s 7.1 percent increase - as price hikes in cyber markedly slowed and property pricing turned upward, according to the latest data from the Council of Insurance Agents & Brokers (CIAB).