Strategic Resources for Your Insurance Agency

Property & Casualty Rates Up 4% in Third Quarter

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By Account Size

Small Accounts

Up 4.5%

Up to $25,000

 

Medium Accounts

Up 4.5%

$25,001 – $250,000

 

Large Accounts

Up 3.5%

$250,001 – $1 million

 

Jumbo Accounts

Up 3.5%

Over $1 million

 

By Industry Class

Manufacturing

Up 3.5%

 

Contracting

Up 4%

 

Service

Up 4.5%

 

Habitational

Up 6%

 

Public Entity

Up 3%

 

Transportation

Up 7.5%

 

Energy

Up 2.5%

 

For detailed rating analysis or market projections by industry class, coverage or account size, contact Vilma Scott at [email protected]

About MarketScout

MarketScout, an insurance distribution and underwriting company headquartered in Dallas, compiles the Commercial and Personal Lines Market Barometers. The firm is a Lloyd's Coverholder and MGA for U.S. insurers. MarketScout owns and operates the MarketScout Exchange as well as over 40 other online and traditional underwriting and distribution venues. MarketScout is founder of the Council for Insuring Private Clients (CIPC) and administers the Certified Personal Risk Manager (CPRM)designation in partnership with The National Alliance for Insurance Education and Research. The firm founded the Entrepreneurial Insurance Alliance (EIA) in 2007 and presents the Entrepreneurial Insurance Symposium (EIS) every September. In 2017, MarketScout founded MarketScout InsurTech (MIT) venture fund. In January 2018, MarketScout launched its Incubator to accelerate start-up MGAs and assume operational functions for existing MGAs and insurers. MarketScout has offices in Arkansas, California, Florida, Georgia, Illinois, Nebraska, Pennsylvania, South Carolina, Tennessee, Texas, and Washington, DC. For more information, please visit us at MarketScout.com. California license #0D60423

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