Not quite a freeze..... But, U.S. commercial property/casualty insurance rates held steady in August with just a few changes, according to MarketScout.
Commercial property and workers’ compensation accounts experienced rate increases of 1 percent. General liability, auto, professional liability, D&O and EPLI, however, had slight rate decreases. Rates by industry class were within a 3 percent range, with all industries averaging rate decreases from 12 percent to 15 percent compared with August 2006.
