Improved underwriting tools and catastrophe modeling as well as more thoughtful reinsurance placements are leading to a more stable insurance market, according to MarketScout.
(Credit: Sergey A.Khakimulli/Fotolia)
Composite rates for commercial and personal insurance lines rose 7.1% and 6.3%, respectively, during the final quarter of 2020, according to MarketScout.
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Steve Hallo
Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]
