commercial lines pricing News

Commercial Lines Price Hikes Slowing: Towers Watson

Commercial insurance prices have risen for 12 straight quarters, including the latest jump of 5 percent in aggregate during fourth-quarter 2013. But price gains are slowing down, according to Towers Watson. The global professional services company published the fourth-quarter update …

Commercial Lines Price Gains Slowing Down: Towers Watson

Even though commercial insurance prices increased for the 11th straight quarter—rising by 5 percent in aggregate during third-quarter 2013—price gains are slowing down, according to Towers Watson. According to The professional services company’s third-quarter update to its Commercial Lines Insurance …

Commercial Insurance Prices Continued Up in Q2: Towers Watson

Commercial insurance prices rose by six percent in aggregate during the second quarter of 2013, marking the 10th consecutive quarter of price increases, according to the latest Commercial Lines Insurance Pricing Survey (CLIPS) conducted by global professional services company Towers …

Commercial Lines Pricing Held Steady in August: MarketScout

August, traditionally a slower month for commercial property/casualty insurance renewals, was true to form as the composite rate for the P/C market held steady at plus 4 percent, matching the index for July, according to MarketScout’s index. By coverage classification, …

Prices Up Again in Q2 But Market Hardening May Be Moderating: The Council

Commercial property/casualty pricing continued to gently creep upwards in the second quarter, however signs of some moderating of increases also surfaced. The Council of Insurance Agents & Brokers’ quarterly Commercial P/C Market Index Survey revealed that, on average, pricing rose …

What to Expect in Commercial Insurance Prices for Remainder of 2013: Willis

Commercial insurance buyers in all product lines should see rates rise moderately through the remainder of 2013, although commercial property rates for non-catastrophe exposed risks and some specialty lines may see slight reductions, according to global broker Willis in its 2013 …

Commercial Insurers Continue Raising Rates, Improve Loss Ratios: Towers Watson

Commercial insurance prices in aggregate increased by six percent during the third quarter of 2012, the seventh consecutive quarter that aggregate prices for all commercial lines rose. The latest Commercial Lines Insurance Pricing Survey (CLIPS) conducted by Towers Watson compared …

Arthur J. Gallagher CEO: This Rate Environment Unusual but Better

Speaking at a recent conference, brokerage Arthur J. Gallagher’s CEO J. Patrick Gallagher described how different today’s commercial insurance rate environment feels, even to an industry veteran like himself. And he said this cycle is much better for insurance clients. …

Commercial Lines Prices Up for 4th Straight Quarter: Survey

Commercial insurance prices increased an aggregate 3 percent during the fourth quarter of 2011, the fourth consecutive quarter during which prices for all standard commercial lines rose. Additionally, earned price increases are beginning to offset portions of reported claim cost …

Commercial Insurance Prices Still Flat But Workers’ Comp Moving Up

Commercial insurance prices were relatively flat for the ninth consecutive quarter, and new data confirm the deterioration of loss ratios in accident-year 2010. Price reductions continued for commercial property and management liability lines, according to global professional services company Towers …