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Marsh: US Commercial Insurance Rates Up 3% on Hikes in Casualty

Insurance Journal

Commercial insurance rates during the third quarter in the U.S. According to Marsh’s Global Insurance Market Index — which noted the first decline in global commercial rates since the third quarter 2017 — … increased 3%, with casualty rates up 10%.

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Global Commercial Insurance Rates See 1st Quarterly Decline in Seven Years: Marsh

Insurance Journal

Global commercial insurance rates fell 1% in the third quarter of 2024 from the previous quarter, which marked the first time the index has recorded a quarterly decline since the third quarter of 2017, according to the Global Insurance Market …

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How To Sell Commercial Insurance and Specialize in It

Insurance Journal

This post is part of a series sponsored by Darkhorse Insurance. Are you dipping your toes into commercial insurance sales? Well, hold on tight because selling commercial insurance isn’t your run-of-the-mill business. To navigate these waters successfully, you can’t just …

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Arthur J. Gallagher Acquires Statewide Commercial Insurance Brokers

Insurance Journal

dba Statewide Commercial Insurance Brokers. Gallagher & Co. acquired Altadena, California-based American Matar International Inc., Lana Matar and her team will remain in their current location under the direction of Scott Firestone, head of Gallagher’s Southwest region retail …

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Global Q2 Commercial Insurance Rates Remain Flat, Ending 7 Years of Price Hikes: Marsh

Insurance Journal

Global commercial insurance rates remained flat during the second quarter of 2024 (down from a 1% increase in Q1 2024), according to Marsh’s Global Insurance Market Index. The findings mark the first time in nearly seven years – since the …

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Global Q2 Commercial Insurance Rates Remain Flat, Ending 7 Years of Price Hikes: Marsh

Insurance Journal

Global commercial insurance rates remained flat during the second quarter of 2024 (down from a 1% increase in Q1 2024), according to Marsh’s Global Insurance Market Index. The findings mark the first time since the third quarter of 2017 that …

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Starr Insurance Receives License to Sell Commercial Insurance Across South Korea

Insurance Journal

Starr Insurance reported that South Korea’s Financial Services Commission has granted Starr International Insurance (Singapore) Pte. Korea branch, a license to operate in Seoul and begin selling commercial property/casualty insurance throughout Korea. “Korea is one of the largest commercial

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