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P/C Insurance Pricing Remains Competitive

Commercial automobile insurance saw an average 2 percent price increase in April, while commercial property and employment practices liability insurance saw 1 percent increases, according to MarketScout...
May 14, 2015

Commercial automobile insurance saw an average 2 percent price increase in April, while commercial property and employment practices liability insurance saw 1 percent increases, according to MarketScout. Most average commercial property and casualty insurance prices were flat in April. The largest accounts reported year-to-year decreases of 2 percent, and the smallest accounts saw rates rise by 1 percent.Commercial automobile insurance saw an average 2 percent price increase in April, while commercial property and employment practices liability insurance saw 1 percent increases, according to MarketScout. Most average commercial property and casualty insurance prices were flat in April. The largest accounts reported year-to-year decreases of 2 percent, and the smallest accounts saw rates rise by 1 percent.

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