Workers' compensation rates were down 7% in July, compared to a year ago, as the property and casualty industry as a whole saw moderating price decreases, Market Scout reported Tuesday.Rate decreases for property and casualty insurance in July were the same as in the previous month year over year, down 11% as compared to a 14% reduction in July 2007, MarketScout said in its monthly "Market Barometer" report."The subprime crisis continues to create concerns despite massive equity write downs by major insurers," said Richard Kerr, MarketScout's chairman/chief executive officer. "While th...
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