US P&C rates fell by 12% in March - report
US property and casualty rates declined 12% in March 2008, according to US-based electronic insurance exchange Market Scout.
Richard Kerr, chairman and chief executive officer of Market Scout, said: “We anticipate rate decreases to moderate for the remainder of 2008. However, a lessening rate decrease in 2008 does not meanOnly users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
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