August Property/Casualty Insurance Rates Up Slightly

Commercial property/casualty insurance rates rose an average of 1% in August, Dallas-based electronic insurance exchange MarketScout reported Friday.

Commercial property rates increased the most at 3%, while businessowners’ policies, commercial automobile, general liability, professional liability and workers compensation each posted 2% increases. But rates for business interruption, crime and fiduciary coverages remained flat compared to rates of the same month in 2013.

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