Commercial P&C Rates Rose 4% in November
MarketScout recently reported that commercial property & casualty insurance rates rose an average of 4% in November. Among lines of coverage tracked, commercial auto experienced the largest increase at 5%. Commercial property, general liability and workers' compensation registered increases of 4%, while crime and surety coverages posted the smallest increases at 1% each. Manufacturing, contracting and service accounts experienced the greatest increase at 5% each, while public entities had the smallest increase at 3%:
Commercial property/casualty rates rose 4% in November: MarketScout | Business Insurance.
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The PEO Compass was founded by Paul Hughes in 2012. The PEO Compass is a friendly convergence of professionals and friends in the PEO industry sharing insights, ideas and intelligence to make us all better. All writers specialize in Professional Employer Organization (PEO) business services such as Workers Compensation, Mergers & Acquisitions, Data Management, Employment Practices Liability (EPLI), Cyber Liability Insurance, Health Insurance, Occupational Accident Insurance, Business Insurance, Client Company, Casualty Insurance, Disability Insurance and more.
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