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MarketScout CEO sees some struggling companies in the marketplace, which could spell additional rate increases for commercial lines.  

The Dallas-based insurance exchange reports the composite rate was up 5 percent in September compared to plus-4 percent in August—with commercial property and general liability up 6 percent during September. 

“There are several medium-sized, publicly-traded insurance companies who are encountering challenges in their ongoing business operation,” says Kerr in a statement on market conditions. “These companies may be sold, restructured or placed into run-off unless they structure creative solutions to get them past their current financial crisis. 

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