P&C 2012 Rates: Slow and Steady Increase

P&C business in the United States ends the year with a 5-percent increase; commercial auto, commercial property and general liability see the highest increase in December.

INN Breaking News, January 8, 2013

Carrie Burns

Marketscout announced true signs of an emerging hard market for the property/casualty industry. The industry showed consistent rate increases in 2012, ending the year with a 5-percent average rate increase on U.S. P&C business. This comes after seven years of a soft market.

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