Commercial-lines rates continued to climb in September, risingby 5 percent compared to the same month a year ago, according toMarketScout's latest analysis.
In last month's MarketScout report, the Dallas-based electronicinsurance exchange said rates had climbed 5 percent in August 2012 compared to August 2011.
For September, MarketScout says rates for smaller- andmedium-size accounts (defined as up to $250,000 in premium) were up6 percent, while large accounts (between $250,000 and $1 million)were up by 4 percent. Rates for jumbo accounts (over $1 million inpremium) rose by 3 percent.
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