Workers' compensation rates were off 7% in March as property and casualty insurance rates continued to soften across all lines, an online insurance exchange reported Monday.
The rates across all property and casualty lines were down 6% in March, which MarketScout noted was a slight softening from the 5% reduction reported in February and a notable softening from the 1% decline of a year ago.
Commercial property and business income were the only coverage classes to post rate increases, MarketScout found. The online insurance exchange, with more than 58,000 registered users, has tracked prop...
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