P&C rates continue to hover where they have for the past four months, remaining relatively unchanged in June, according to distribution and underwriting company MarketScout.

“We are in the insurance doldrums,” Richard Kerr, MarketScout's CEO, said in a statement. “The absence of rate movement could be yet another signal that insurers simply are not going to participate in a price-slashing war as was done in previous market cycles.”

Rates in just one type of coverage class–Business Interruption–were down for June, at -1%. Commercial Auto posted the largest gains, at 2%. Commercial Property, Business Owners' Policy, Workers' Compensation, D&O and EPLI were all up 1% in June.

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