The composite rate for commercial insurance coverage in the US rose an average of 1.5 percent in September 2014.

Contractors paid the highest year on year increase at plus 4 percent followed by transportation at plus 3 percent. Service accounts were plus 2 percent while manufacturing, habitational, public entity and energy risks measured plus 1 percent.

By size of premium, small account rates were up 3 percent, medium accounts up 2 percent, large accounts up 1 percent and jumbo accounts had no rate increases.

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