P/C Insurance Rates See Moderate Increases in Second Quarter 2021: MarketScout

premium increases down or flat

The composite rate for the second quarter 2021 was 5.9 percent versus 7 percent in the first quarter. Commercial insurance buyers paying $25,000 or less in premium are paying a slightly lower rate at 5 percent versus 6.3 percent in the first quarter. As measured by line of coverage, professional lines rates adjusted significantly at… Continue reading P/C Insurance Rates See Moderate Increases in Second Quarter 2021: MarketScout