Despite 2020 being one of the strangest years in recent history, the insurance industry continued to function efficiently. The fourth quarter 2020 composite rate was up 7.1 percent as compared to up 6.25 percent for the third quarter 2020. The biggest rate increases by line of coverage were for umbrella liability, professional lines and directors… Continue reading U.S. Property and Casualty Rates Continue Upward Trend
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