Report: Personal-lines pricing experienced an uptick for February

03/6/2013 | PropertyCasualty360

Rates for personal-lines insurance increased 3% in February over the same month in 2012, slightly down from the year-over-year gains in the three months prior, MarketScout said. "The personal-lines market adjusted in February with insurers offering slightly more competitive premiums. This isn't unusual since we are out of the catastrophe season for most parts of the U.S., except for winter storms, of course," said MarketScout CEO Richard Kerr.

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