U.S. commercial insurance prices increase again in the third quarter
Willis Towers Watson Public Limited Company - Ordinary Shares (WLTW)
Last willis towers watson public limited company - ordinary shares earnings: 4/30 06:01 am
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Source: GlobeNewswire
ARLINGTON, Va., Dec. 10, 2018 (GLOBE NEWSWIRE) -- Commercial insurance prices in the U.S. increased by over 2% in the third quarter of 2018, according to leading global advisory, broking and solutions company Willis Towers Watson’s (NASDAQ: WLTW) Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices charged on policies written during the third quarter of 2018 to those charged for the same coverage during the equivalent quarter in 2017. Price changes for most lines were similar to those reported last quarter. Three lines — commercial auto, commercial property and excess/umbrella liability — showed material price increases. Workers compensation reported ongoing material price reductions in contrast to all other surveyed lines. When comparing the survey results by account size, price changes were once again positive and of similar magnitude across all segments. Mid-market and large account price adjustments caught up to the recently larger increases reported fo
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