MarketScout says property insurance rates falling

06/6/2007 | PropertyCasualty360

MarketScout has announced that composite rates for U.S. property and casualty insurance coverages fell 13% for May. The firm found most lines of coverage experienced rate reductions, as did industry classes and accounts broken down by premium size. The greatest reductions were in property, general liability and umbrella liability, with each showing reductions of 14%.

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