Composite rates for U.S. property and casualty insurancecoverages fell 13 percent for May, according to an electronicinsurance exchange.
That finding was reported in a barometer published by Dallas,Texas-based MarketScout, which underwrites and distributes hundredsof product lines to a 58,000-member U.S. agency network.
The firm found most lines of coverage experienced ratereductions, as did industry classes and accounts broken down bypremium size.
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