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Home > Blog > Richard Russo Insurance Agency Blog: research and trends
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Richard Russo Insurance Agency Blog: research and trends

View the latest blog posts from Richard Russo Insurance Agency.

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Friday, December 14, 2012

Report Shows Increasing Concentrations of Insured Property Values in U.S.

Insured building values in the U.S. now exceed $40 trillion — including residential, commercial and industrial structures, according to a new report from catastrophe modeling firm Karen Clark & Co. When contents and time element exposures are added in, the insured property values swell to over $80 trillion, the report found. READ MORE >>

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Wednesday, December 12, 2012

Commercial Lines Rates Up 5% in November: MarketScout

The overall composite rate for insuring commercial accounts in the United States ticked up 5 percent in November 2012 compared to the same month in 2011. According to MarketScout’s Commercial Lines Market Barometer, by coverage classification, property, excess liability, general liability and workers’ compensation rates increased the most at plus 5 percent. READ MORE >>

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