SCIOP Index for Q3 2014 Is +2.13%, Showing Slowing Growth for Insurance Prices
With 250,000 jobs added at small businesses in the third quarter of 2014, this sector of the economy continued its steady march toward recovery. Overall, the Small Commercial Insurance Online Pricing (SCIOP) Index shows that business insurance policies for the nation’s smallest businesses are generally remaining affordable, with price increases of just 2.13% year over year.
To get an idea of fluctuations in specific industries and in various parts of the country, read the full SCIOP Index report.
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