Commercial auto rate increases slowed in July: Ivans index
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Commercial auto rate increases slowed in July: Ivans index

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The pace of commercial auto rate increases moved down in July, according to the latest pricing data from IVANs, though rate rises for commercial property, general liability, business owners policies (BOP), and umbrella accounts accelerated.

In the latest pricing report released by the insurance solutions company, commercial property premium renewal rates averaged 5.8% in July—increasing from 5.68%

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