property-only commercial insurance
How May Hikes Drain Commercial Insurance-5 Tactics
Answer: The May 2024 commercial insurance rate hike forces businesses to recalculate premium-to-revenue ratios and prioritize data-driven risk controls. In the wake of a 12% average premium increase, CFOs must align coverage spend with cash-flow realities while hunting for discount levers. 12% - that is the average premium jump announced