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Commercial rates continue to slide, but there is some good news

According to the MarketScout insurance exchange, the composite rate for U.S. commercial insurance was plus 1% in October 2014.

By Tim Sprinkle | Updated on November 05, 2014

According to the MarketScout insurance exchange, the composite rate for U.S. commercial insurance was plus 1% in October 2014.

That’s more or less in line with September, MarketScout found, with the exception of automobile and professional liability coverages, which were both up 1% from the prior month. On the flipside, property and workers comp rates both fell 1% in October.

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