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Q4 2024 U.S. Business Insurance Market Observations

The U.S. Business Insurance Market Observations report combines insights from Marsh McLennan Agency colleagues and market research to bring you up to speed on commercial insurance market trends each quarter. Our report equips you with the information you need to make informed decisions and remain resilient—no matter your industry.

“As we wrapped up 2024, casualty rates continued to exceed property rates, which is a reversal in trends since Q1 2024. While this reversal isn’t broad, the fragility of the casualty market remains a main concern.”

-Denise Perlman, CIC, President, National Business Insurance

U.S. Insurance Rates – Fourth Quarter

5-15%

increase in automobile and fleet insurance coverage.

5%

decrease in cyber security and data privacy rates.

3%

decrease in executive liability insurance.

What you need to know

Make sure you are up to date on relevant commercial insurance market trends impacting your business.

Download the report.

Business Insurance Trends report

We surveyed business leaders like you to find out what is at the top of their minds this year. Interested in seeing how we can help?