MarketScout barometer 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 …

Commercial Insurers Moderated Rate Cuts Slightly in March: MarketScout

Commercial insurers eased up slightly on rate cutting in March, according to the MarketScout barometer for the month. After three straight months of price cuts averaging 4 percent, U.S. commercial property, inland marine, general liability, umbrella, workers’ compensation and professional …

Commercial Rates Continued Up in March, Even for Large Accounts: MarketScout

Commercial insurance rates were up about five percent in March, according to the latest barometer from MarketScout and the National Alliance for Insurance Education and Research. Manufacturing continues to post the largest rate increases as compared to prior year results …

Personal Lines Prices Stable, Before Sandy Effects: MarketScout