MarketScout: US commercial rates up 1%

US commercial rates remained stable in November with a 1 percent
increase across the sector, according to MarketScout's latest
survey.
Despite the soft market conditions, renewals of jumbo accounts -
those with more than $1mn of premium - remained flat, in line with
the previous month's results.
Commercial auto reported the greatest increase, rising by 3
percent.
Richard Kerr, CEO of MarketScout, said: "We still have not
measured any line of business that registers a rate decline as