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Insurers Close Out 2015 with Further Rate Reductions

December composite rate down 4 percent Insurers continue to fight for market share and, as a result, the US P&C composite rate was down 4 percent in December. Richard Kerr, CEO of MarketScout, outlined the current pricing environment by noting, …

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December Personal Lines Rates Down 1 Percent

Trend toward more aggressive pricing continues

A relatively low catastrophe year and ample capacity has resulted in competitive pricing for US personal lines business written in December 2015.

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US P&C Rates Continue to Slide South

Property rates lead downward adjustments

As the 2015 year moves closer to completion, US insurers continue to adjust rates downward. The composite rate index for all property and

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Personal Lines Composite Rate Down

First overall downward adjustment in 47 months

The November 2015 composite rate for personal lines insurance across the US was down 1 percent.

Richard Kerr, CEO of MarketScout

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Property and Casualty Rates Down in October

Rates continue to slide

The commercial property and casualty rate index in the US was down 2 percent in October. Richard Kerr, CEO of MarketScout noted, “Insurers are

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Personal Lines Rates Flat

Insurers hold pricing steady

The composite rate for personal lines insurance in the US was flat in October 2015.

“Personal line insurers survived another wind season relatively unscathed,” noted

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Commercial Insurance Rates Down 1 percent

US insurers getting more aggressive

It appears US insurers are tuning up their pricing as the market officially becomes soft again in September with a composite rate of

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US Personal Lines Rates Up 1 Percent

Insurers preparing to be more competitive

US Personal lines insurers across the US adjusted the composite rate up an average of 1 percent in September 2015 as compared

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US P&C Rates Flat

August rates slightly lower than July

The August 2015 composite rate for property and casualty insurance placements across the US measured flat or no change as compared to

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Personal Lines Premiums Hold Steady

August rates up 2 percent

Personal lines premiums across the US were up 2 percent on average as measured by the composite rate index, which includes homeowners, personal

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