P-C Rate Increases At 9% In March: MarketScout
NU Online News Service, April 13, 3:53 a.m. EDT?Property-casualty sector rate hikes increased nine percent in March?on the same level with the February figure and down slightly from January, when the rate increase came in at 11 percent?data from an online quote service for insurance agents showed. [@@]
According to Dallas-based Marketscout, which harvests its data from 60 insurance companies and 48,000 industry users, the March figure shows a continuing downward trend in the pace of p-c rate increases.
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