P&C

October 10, 2024

Commercial P&C Rates Up 3.8% in Q3, but Q4 Could See Hurricane Effects

The U.S. property and casualty insurance market saw rates rise an average of 3.8% for commercial lines and 6.75% for personal lines in the third quarter, according to the latest data from MarketScout. The average increases for Q3 are down from 4.36% for commercial lines and 7.6% for personal lines in the second quarter. The...