Survey: Q1 prices rose 7% year-over-year for commercial insurance

06/10/2013 | PropertyCasualty360

Price increases for commercial-lines insurance continued as rates in the first quarter jumped 7% from the same period in 2012, according to a Towers Watson survey. "Price increases in total and by line of business were generally consistent with price increases in the fourth quarter of 2012, but with mild increases in magnitude for professional liability, and mild decreases in magnitude for workers compensation and employment practices liability," Towers Watson said.

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