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Commercial Pricing: Things Are About the Same

Commercial lines consultant Towers Watson tracks insurance pricing. It released its second quarter stats in the Commercial Lines Insurance Pricing Survey (CLIPS) and said commercial prices rose 1% compared to a year ago. Most lines — the report said — saw low single digit increases and some saw decreases. Towers Watson's Alejandra Nolibos said D&O and commercial property fell a tiny amount and work comp is flat. Commercial auto and employment practice liability both saw increases. more

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