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Quarterly Insurance
Pricing Update

Premium pricing was up nearly across the board in the first quarter of 2019, with workers’ compensation (down 1%)
and surety (flat) being the only two outliers. Overall, premium pricing jumped 2% on average compared
to a year ago, led again by commercial auto (7%) and commercial property (2.5%). At -1%, workers’ compensation
saw the smallest decrease in premium rate over the last two years, indicating that market may finally be hardening.

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