| By Coverage Class |
| Commercial Property |
Down 14% |
| Business Interruption |
Down 10% |
| Inland Marine |
Down 9% |
| General Liability |
Down 14% |
| Umbrella/Excess |
Down 10% |
| Commercial Auto |
Down 9% |
| Workers' Compensation |
Down 8% |
| Professional Liability |
Down 6% |
| D&O Liability |
Down 6% |
| EPLI |
Down 12% |
| Fiduciary |
Down 7% |
| Crime |
Down 8% |
| Surety |
Down 7% |
Click image to enlarge
| By Account Size |
| Small Accounts |
Down 11%
|
| Up to $25,000 |
| Medium Accounts |
Down 12% |
| $25,001 - $250,000
|
| Large Accounts |
Down 12%
|
| $250,000 - $1,000,000 |
| Jumbo Accounts |
Down 11%
|
| Over $1,000,000
|
Click image to enlarge
| By Industry Class |
| Manufacturing |
Down 12% |
| Contracting |
Down 11%
|
| Service |
Down 12%
|
| Habitational |
Down 11%
|
| Public Entity |
Down 10%
|
| Transportation |
Down 11%
|
| Energy |
Down 9%
|
Click image to enlarge
The findings of MarketScout’s barometer are further supported by surveys
conducted by The National Alliance for Insurance Education and Research. These
surveys were conducted during CIC and CRM institutes held across the United
States in May 2008.
MarketScout
The barometer is compiled by MarketScout, a Dallas, Texas based electronic
insurance exchange which underwrites and distributes hundreds of product lines
to its 60,000-member agency network across the United States. Over 40 "A" Rated
carriers participate in the MarketScout exchange platform at
http://www.marketscout.com.
The Market Barometer is published on the 5th of each month for
the previous month's market. If you would like to use the barometer for an
article or publication, please contact:
Vilma Scott
vscott@marketscout.com
972-934-4224
The composite market conditions from 2001 to 2008 are set forth
below.
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