Source: https://www.businessinsurance.com/, February 23, 2021
By: Judy Greenwald

While just half of architect and engineer insurers reported worsening claim results last year, all insurers expressed concerns about this trend continuing, says a survey released Tuesday.

The survey of 20 insurers by McLean, Virginia-based Ames & Gough found that 73% of insurers had introduced a rate increase of up to 5%, while rates increased at least 6% for 20% of those polled. Read more.