MarketScout 2016 News

Commercial Insurance Rate Cuts Slowed in June: MarketScout

The composite rate for commercial insurance placed in the United States moderated in June to minus 1 percent from minus 2 percent in May 2016. “Insurers are getting tired of cutting rates,” said Richard Kerr, CEO of MarketScout. “There are …

P/C Commercial Rates Fell 4% in January

Rates for commercial property/casualty insurance fell four percent in the first month of the new year, continuing a downward trend that is unlikely to halt anytime soon, according to Richard Kerr, CEO of MarketScout. “Commercial property insurers are getting ready …