NU Online News Service, April 5, 3:04 p.m. EDT

Following months of rates stuck firmly in a soft market mud, MarketScout reports the overall composite rate for U.S. property and casualty commercial insurance policies measured minus-4 percent in March after four consecutive months of minus-5 percent.

"We have finally broken out of the doldrums," says Richard Kerr, CEO of Dallas-based MarketScout, an insurance distribution and underwriting company. "Rates are moving up."

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