According to the MarketScout insurance exchange, the U.S. composite rate for all property and casualty lines across all states was flat in March after a slight increase of 1% in Feburary 2015. Personal insurance rates held steady at plus 2%.
A softening market
By coverage classification, general liability and umbrella/excess liability were down from up 1% in February to flat or 0% in March. Commercial auto, professional liability, and EPLI were also down 1% in February as compared to March.
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Jayleen R. Heft
Jayleen Heft is the digital content editor for PropertyCasualty360.com. Contact her at [email protected].
