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Cat exposed US property rates likely to continue increasing: MarketScout

August 11, 2021

US property insurance rates continued to rise across both commercial and personal lines in the second-quarter of 2021, with MarketScout warning that catastrophe exposed property may see stronger rate increases later in the year, depending on the catastrophe loss burden for the industry.

The last quarter of 2020 saw property insurance rates surging in catastrophe exposed zones, led by hurricane exposed property in Florida and wildfire exposed property in California.

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