Most commercial insurance prices in the U.S. were nearly flat during the fourth quarter of 2016, although prices continued to go up for commercial auto. The most recent Commercial Lines Insurance Pricing Survey (CLIPS) from brokerage and advisory firm Willis …
The composite rate for commercial insurance placed in the United States moderated in June to minus 1 percent from minus 2 percent in May 2016. “Insurers are getting tired of cutting rates,” said Richard Kerr, CEO of MarketScout. “There are …
Commercial insurance prices increased only a bit in aggregate (less than 1 percent) during the first quarter of 2016, according to the latest Commercial Lines Insurance Pricing Survey (CLIPS). While price changes in the first quarter for most lines of …
Commercial insurance prices fell 2 percent for April as compared to 3 percent in March and 4 percent in January and February 2016. Rates changed in most coverage classifications with property, business interruption, business owners (BOP), inland marine, workers’ compensation, …
Rates for commercial property/casualty insurance fell four percent in the first month of the new year, continuing a downward trend that is unlikely to halt anytime soon, according to Richard Kerr, CEO of MarketScout. “Commercial property insurers are getting ready …
