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Surveys Clash Over P&C Market Direction

A pair of pricing surveys clashed last week over whether commercial insurance rates have stabilized and are heading up slightly on average, or are in fact continuing to decline in a persistently soft market.

By Mark E. Ruquet | Updated on December 13, 2009

A pair of pricing surveys clashed last week over whether commercial insurance rates have stabilized and are heading up slightly on average, or are in fact continuing to decline in a persistently soft market.

The latest monthly survey by online insurance exchange MarketScout, conducted in conjunction with the National Alliance for Insurance Education and Research, found average p&c rates fell 5 percent in November, matching October’s figure.

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