commercial lines pricing 2017 News

Commercial Insurance Prices in U.S. Stayed Flat in Q3: Willis Towers Watson

Commercial insurance prices in the U.S. were again nearly flat during the third quarter of 2017. Price changes reported by carriers averaged less than one percent for the ninth consecutive quarter, following a moderating trend in price increases that began …

Commercial Insurance Rate Decreases Slowing Globally: Marsh

Average global insurance rates decreased for the 18th consecutive quarter, although the rate of decline slowed in the third quarter (down 1.6 percent) as compared to the prior quarter (down 2.2 percent), according to broker Marsh’s Global Insurance Market Index …

October Commercial Insurance Renewal Rates Up Except Workers’ Compensation: IVANS Index

In October, premium renewal rates were up for the majority of standard commercial lines products, with workers’ compensation remaining the major line where rates did not go up, according to IVANS Index that tracks renewal premiums. Business owners policyholders saw …

Commercial Lines Insurance Renewal Rates Continued Rising in July: IVANS

In July 2017, premium renewal rate change for the majority of standard commercial lines products remain in positive territory. Workers’ compensation was the one product that trended negatively, dipping below -1.00 percent for the first time this year. IVANS, a …

All Commercial Lines Rates, Even Workers’ Compensation, Up in May: IVANS Index

The May IVANS Index shows that for the first time in several months, premium renewal rates in all major commercial insurance lines are in positive territory. Notably, May is the first time in 2017 that workers’ compensation moved into positive …

Commercial Lines Prices Inch Up After Being Down for Long Time: MarketScout

For the first time in 20 months, the MarketScout composite rate index for commercial accounts in the United States measured a rate increase at plus 1 percent in the first quarter. Rates for business interruption, general liability and surety coverages …