US P&C insurance rates ‘flat’ for second month in a row: MarketScout
US P&C insurance rates registered flat for the second month in a row, as "rate decreases become a thing of the past", according to the latest market barometer from broker and underwriter MarketScout.
The barometer measures the average P&C rate increase for the sector compared to the prior-year period and had indicated a stabilizing of price softening in recent months, recording 2 percent falls in both July and August.
With September and October both now measured as flat for pricing...
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