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Insurance Marketplace Realities 2022

By May 24, 2021November 17th, 2021No Comments
Blog-Insurance Marketplace Realities 2022

The hard commercial insurance market continues, but as a steady, gradual softening brings a welcome deceleration in premium rate increases, we are reminded of one of the oldest and most fundamental marketplace principles: the law of supply and demand. Supply, in the form of additional capacity provided by insurance carriers, is up, and a rise in supply is doing what it does best: lowers prices.

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