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rising prices Tag

Staten Island New York Personal Injury Lawyer > Posts tagged "rising prices"

Commercial Insurance Prices in U.S. Increase for First Time in 3 Years

Commercial insurance prices in the U.S. increased modestly in the first quarter of 2018, according to leading global advisory, broking and solutions company Willis Towers Watson’s Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices charged on policies written during the first quarter of 2018 with those charged for the same coverage during the equivalent quarter in 2017. Price changes were in excess of 1 percent for the first time in 11 quarters, breaking the moderating trend in price increases observed since 2013. Data for three standard lines — commercial auto, commercial property and excess/umbrella liability — indicated fairly significant...

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