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.
Register or login for access to this item and much more
All Digital Insurance content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access