[IndusEducatry] Industion Ratry Rate Guide te Guide — U.S.— U.S. HUB International’s rate guidance comprises an analysis of proprietary national survey data and HUB International’s rate guidance comprises an analysis of proprietary national survey data and interviews with HUB commercial insurance brokers and risk services consultants who specialize interviews with HUB commercial insurance brokers and risk services consultants who specialize in the in education. construction industry. On average, rates for middle- to upper-middle-market companies are experiencing rate increases for On average, we are experiencing modest rate increases for nearly all coverages as carriers need nearly all coverages as carriers need additional premium to support increased losses and expenses. additional premium to support increased losses and expenses. Below are projections of rate increases Below are projections of rate increases that we anticipate in 2025. Discuss your business exposures with that we anticipate in 2025. It’s important to discuss your business’ exposure with your insurance broker your insurance broker and understand what to expect well in advance of your next renewal. and understand what to expect well in advance of your next renewal. Coverage 2025 Education Insights Coverage 2024 Rate Guide Insights Rate Guide Expect rates to rise due to increase in loss trends and more Empor am res denietur ra veriae voloreceriam aut ad ut flexibility with loss-sensitive or deductible programs. Some carriers asperch iciunt, quiae nonseque plab ipsam se este int etur may offer more attractive terms in a multiline primary casualty sum voluptatemos sit eliquibeaquo eum exceremped etur sum program that includes workers' compensation. Lorem ipsum  -0% to  +0% inverio nsequib usandit qui conecto cus rem quatur sectiatem illant evel minture qui res perfereped qui corehen istiati squibea Underwriters will focus more on the number of passengers, not tescipsunti occus re es dolorer ferspietur, sunda volecer namende just the number of vehicles. Carriers remain reluctant to increase Commercial Auto +5% to 15% sandae. Ecus maion conseni taquiae rferro doluptiat volorem qui primary limits as requested by insureds with large passenger comnisquas restrumet. vehicle exposures. Empor am res denietur ra veriae voloreceriam aut ad ut Carriers will scrutinize exposures specific to hired and non-owned asperch iciunt, quiae nonseque plab ipsam se este int etur auto coverage; they will track and underwrite to the number of sum voluptatemos sit eliquibeaquo eum exceremped etur sum miles employees drive on their personal vehicles. Lorem ipsum  -0% to  +0% inverio nsequib usandit qui conecto cus rem quatur sectiatem illant evel minture qui res perfereped qui corehen istiati squibea General liability coverage can extend beyond just premises tescipsunti occus re es dolorer ferspietur, sunda volecer namende operations. Specific to education, the coverage also contemplates sandae. Ecus maion conseni taquiae rferro doluptiat volorem qui abuse and molestation and professional liability exposures, which comnisquas restrumet. are continued challenges from an underwriting perspective. Expect to demonstrate appropriate protocols to manage abuse Empor am res denietur ra veriae voloreceriam aut ad ut risks, such as screening, supervision and channels for feedback. asperch iciunt, quiae nonseque plab ipsam se este int etur sum voluptatemos sit eliquibeaquo eum exceremped etur sum General Liability +5% to 15% The uptick in employment practices liability claims from teachers inverio nsequib usandit qui conecto cus rem quatur sectiatem Lorem ipsum  -0% to  +0% whose contracts were not renewed are contributing to increased illant evel minture qui res perfereped qui corehen istiati squibea rates. tescipsunti occus re es dolorer ferspietur, sunda volecer namende sandae. Ecus maion conseni taquiae rferro doluptiat volorem qui Expect more scrutiny from underwriters on risk quotes and comnisquas restrumet. capacity, especially for abuse and molestation, traumatic brain injury, law enforcement and security exposures — as well as Empor am res denietur ra veriae voloreceriam aut ad ut sororities and fraternities in higher education. asperch iciunt, quiae nonseque plab ipsam se este int etur sum voluptatemos sit eliquibeaquo eum exceremped etur sum While workers’ compensation remains generally profitable, inverio nsequib usandit qui conecto cus rem quatur sectiatem Lorem ipsum  -0% to  +0% education’s aging workforce remains an ongoing concern, illant evel minture qui res perfereped qui corehen istiati squibea especially as slip-and-fall claims are on the rise. Workers' tescipsunti occus re es dolorer ferspietur, sunda volecer namende -3% to +7% Compensation sandae. Ecus maion conseni taquiae rferro doluptiat volorem qui Increased workplace violence and classification of workers as comnisquas restrumet. either employees or independent contractors are possible factors in rate changes. Empor am res denietur ra veriae voloreceriam aut ad ut asperch iciunt, quiae nonseque plab ipsam se este int etur Capacity remains the biggest concern due to social inflation as sum voluptatemos sit eliquibeaquo eum exceremped etur sum most carriers have reduced limits offered. For programs needing Umbrella & Excess inverio nsequib usandit qui conecto cus rem quatur sectiatem Lorem ipsum  -0% to  +0% more than $5M in coverage, it’s becoming more difÏcult to build Flat to +15% illant evel minture qui res perfereped qui corehen istiati squibea Liability a tower and coverage for abuse and molestation and student tescipsunti occus re es dolorer ferspietur, sunda volecer namende wellness programs, while traumatic brain injury can be sublimited sandae. 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