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The composite rate for October was plus 4 percent as compared to plus 5 percent in September. Several significant adjustments were recorded in October.

Small accounts and commercial property rates decreased from plus 6 percent to plus 4 percent.. Business owners’ policies (BOP) rates decreased from plus 5 percent to plus 3 percent. The largest downward adjustment was in general liability coverage, which was down from plus 6 percent to plus 3 percent.

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