SCIOP Index for Q2 2014 Is +2.61%, Showing Modest Growth for Insurance Prices
Prices of the small business insurance policies that compose the Small Commercial Insurance Online Pricing (SCIOP) Index rose +2.61% in Q2 2014, reflecting steady job growth in the small-business sector. With 281,000 new jobs added in the April-through-June period (89,000 more than in the same period of 2013), small businesses proved to be an essential part of the country's ongoing economic recovery.
To see a breakdown of price changes by policy, state, and profession, download the full SCIOP Index report.
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