Commercial-lines rates in the U.S. and abroad continued their recent trend of moderate increases last month, according to two recent analyses.

In its most recent Market Barometer, which measures U.S. commercial-lines rates, Dallas-based MarketScout says rates in September increased by 5 percent compared to the same month a year ago. Rates for small and medium-size accounts (defined as up to $250,000 in premium) were up 6 percent, while large accounts (between $250,000 and $1 million) were up by 4 percent. Rates for jumbo accounts (over $1 million in premium) were up by 3 percent.

By coverage class, Commercial Property was the only line to see a lower rate of increase compared to August's MarketScout report. In the current report, Commercial Property rates were up by 6 percent in September compared to September 2011; August 2012 saw rates in this line up 7 percent compared to August 2011.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.