The average composite rate for property/casualty insurance placements in the United States was up 5 percent for May 2013, according to MarketScout’s monthly market barometer. While personal lines’ composite rate growth accelerated slightly, commercial rates experienced a 5-percent increase for the third straight month.

Breaking down the commercial rates by coverage classification, business-owners policies (BOP), crime and fiduciary were slightly less expensive than the prior month. D&O, general liability and EPLI policies all experienced higher rates on a month-to-month comparison.

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