Rate increases for business insurance buyers in the United States were 4.5 percent in first quarter of 2020 as compared to 5 percent in the last quarter of 2019. Workers’ compensation rates were down 1.25 percent, the only coverage with a rate reduction. The MarketScout Market Barometer includes premium movement in all sizes of businesses,… Continue reading P&C Composite Rate Increased 4.5% in First Quarter
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