The composite rate index for personal lines insurance in the United States in February measured plus 3 percent as compared to the same time period one year earlier according to MarketScout analysis of The National Alliance for Insurance Education and Research pricing surveys.
“The personal lines market adjusted in February with insurers offering slightly more competitive premiums,” says MarketScout CEO, Richard Kerr. “This isn’t unusual since we are out of the catastrophe season for most parts of the United States, except for winter storms of course.”
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