Direct premiums written are expected to grow 5.8% during the year, getting a boost from hard market conditions in some commercial lines and the impact rising home values are having on homeowners insurance. (Credit: jozefmicic/stock.adobe.com) Direct premiums written are expected to grow 5.8% during the year, getting a boost from hard market conditions in some commercial lines and the impact rising home values are having on homeowners insurance. (Credit: jozefmicic/stock.adobe.com)

Professional lines saw a composite rate of 5% during 2021's second quarter, down from 6.3% the previous quarter, according to MarketScout, which also reported composite rates for personal lines saw a slight quarter-on-quarter decrease.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]