U.S. commercial insurance prices have maintained a steady trend with respect to consistent, routine, price increases, according to WTW’s Commercial Lines Insurance Pricing Survey (CLIPS) for the first quarter of 2024.
Tag: CLIPS
Commercial Insurance Rates Continue to Show an Aggregate Increase Just Above 6%
Carriers report an aggregate commercial price change that remains above 6%, specifically at 6.1%, showing a slight decrease from the rate of 6.4% in the previous quarter (Q2’23).
Commercial Insurance Rates Continued to Increase in the 4Q at a Slower Pace of 4.8%
U.S. commercial insurance prices have continued to increase in the fourth quarter of 2022, according to WTW. Data for nearly for all lines of coverage continued to show price increases throughout the fourth quarter, with a general rate of +4.8%.
Commercial Insurance Pricing Up 6%: WTW
U.S. commercial insurance prices grew again in the second quarter of 2022, according to WTW’s most recent Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices charged on policies underwritten during the second quarter of 2022 to those charged for the same coverage during the same quarter in 2021. The aggregate commercial price change… Continue reading Commercial Insurance Pricing Up 6%: WTW
Commercial Insurance Prices Increased in 4Q 2021
U.S. commercial insurance prices rose again in the fourth quarter of 2021, according to WTW’s latest Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices charged on policies underwritten during the fourth quarter of 2021 with those charged for the same coverage during the same quarter in 2020. The aggregate commercial price change reported… Continue reading Commercial Insurance Prices Increased in 4Q 2021
U.S. Commercial Insurance Prices Increase Gain in 3Q
U.S. commercial insurance prices grew again in the third quarter of 2021, according to Willis Tower Watson’s latest Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices charged on policies underwritten during the third quarter of 2021 to those charged for the same coverage during the same quarter in 2020. The aggregate commercial price… Continue reading U.S. Commercial Insurance Prices Increase Gain in 3Q
Commercial Lines Prices for Q1 Up Nearly 8%
U.S. commercial insurance prices increased again during the first quarter of 2021, 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 underwritten during the first quarter of 2021 to those charged for the same coverage and quarter in 2020… Continue reading Commercial Lines Prices for Q1 Up Nearly 8%
WTW: Q2 2020 U.S. Commercial Insurance Prices Rise by Almost 10%
U.S. commercial insurance prices again grew significantly in the second quarter of 2020, according to Willis Towers Watson’s most recent Commercial Lines Insurance Pricing Survey (CLIPS). The survey compared prices charged on policies underwritten during the second quarter of 2020 to those charged for the same coverage during the same quarter in 2019. The aggregate… Continue reading WTW: Q2 2020 U.S. Commercial Insurance Prices Rise by Almost 10%
U.S. Commercial Insurers Report Aggregate Price Changes of Over 6% for Q1
U.S. commercial insurance prices increased significantly during the first quarter of 2020 compared with prices charged during the first quarter of 2019, according to leading global advisory, broking and solutions company Willis Towers Watson’s Commercial Lines Insurance Pricing Survey. The aggregate price change reported by carriers exceeded 6% for the second consecutive quarter. Data for… Continue reading U.S. Commercial Insurers Report Aggregate Price Changes of Over 6% for Q1
U.S. Commercial Insurance Prices Accelerate Again, As Carriers Report Changes of Over 6%
U.S. commercial insurance prices accelerated during the fourth quarter of 2019, as the aggregate price change reported by carriers exceeded 6%, according to Willis Towers Watson’s Commercial Lines Insurance Pricing Survey (CLIPS). This is a continuation of the acceleration observed in recent quarters. The survey compared prices charged on policies underwritten during the fourth quarter… Continue reading U.S. Commercial Insurance Prices Accelerate Again, As Carriers Report Changes of Over 6%