MarketScout: Q3 commercial lines price increases decelerate to 3.8%

Published: Tue 8 Oct 2024

The commercial insurance composite rate increase was 3.8 percent in Q3 2024, a slowing sequentially from 4.4 percent in the second quarter of this year, according to MarketScout, which expects an impact on rates from Hurricanes Helene and Milton in Q4.