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Improved underwriting tools, catastrophe modeling and more thoughtful reinsurance placements are leading to a more stable insurance market, according to MarketScout. (Credit: Sergey A.Khakimulli/Fotolia) Improved underwriting tools and catastrophe modeling as well as more thoughtful reinsurance placements are leading to a more stable insurance market, according to MarketScout. (Credit: Sergey A.Khakimulli/Fotolia)

Composite rates for commercial and personal insurance lines rose 7.1% and 6.3%, respectively, during the final quarter of 2020, according to MarketScout.

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Steve Hallo

Steve Hallo is an assistant editor with PC360 Group. Prior to his current position, Steve spent nearly a decade covering retail transformation, consumer trends, manufacturing issues and supply chain challenges impacting global CPG markets. He can be reached at [email protected], and on LinkedIn and Twitter.  

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