MarketScout July: Soft market ebbing

Rates drop 2% in July. That follows a 3% drop in June and 4% in May.

Comp rates rose 2%.

Cat exposed property rates rose 3-4%, while other property rates fell 2%.

Small accounts rose 1%. Medium sized accounts fell 2%. Jumbo accounts fell 4%.

Professional liability lines were generally flat.

More here.

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