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MarketScout: P&C Rates Continue Their Incremental Rise in August

Average rate increases for commercial and personal lines continued their slow ascent through August, rising an additional point over the prior month, says MarketScout.

By Chad Hemenway | Updated on September 17, 2012

Average rate increases for commercial and personal lines continued their slow ascent through August, rising an additional point over the prior month, says MarketScout.

The Dallas-based electronic exchange’s P&C commercial-insurance market barometer puts the composite rate for U.S.-based commercial risks up 5 percent for August. Rates held steady at up 4 percent for the months of May, June and July of this year.

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