Soft Market Update: Average P-C Premiums Hold Steady
According to the latest MarketScout pricing survey, average commercial and personal lines rates held steady at -4% and -1% in February, respectively.
According to the latest MarketScout pricing survey, average commercial and personal lines rates held steady at -4% and -1% in February, respectively.
Property-casualty insurance pricing closed out 2015 with a soft market: Average commercial rates declined to -4% in December from -3% in November and the personal lines composite held steady at -1%, according to the latest MarketScout pricing survey.