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The decline in insurance prices is finally showing signs of hitting bottom, with commercial property and casualty premiums overall dropping an average of 5 percent last month–half the rate of one year ago, MarketScout’s “barometer” survey found.

Meanwhile, the directors and officers liability line–hit hard by claims related to the Madoff Ponzi scheme and other losses related to last year’s financial meltdown–for the first time in almost three years did not show a downward pricing trend, Dallas-based MarketScout noted. For the month of August, D&O rates were flat, compared to an average decline of 2 percent in July.

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