In industry news:

Commercial insurance prices in the U.S. inched upward in the fourth quarter of 2017, according to a pricing survey by Willis Towers Watson P.L.C. According to Business Insurance, price changes reported by carriers still averaged less than 1 percent for the 10th consecutive quarter, following a moderating trend in price increases that began in the first quarter of 2013. Willis Towers Watson notes in the statement that workers’ compensation saw “material” price decreases in the fourth quarter, in contrast to most other lines.

Read more here.

Leave a Comment

Your email address will not be published. Required fields are marked *