U.S. commercial insurance rates have continued their upward trajectory through the fourth quarter of 2023, according to the latest findings from WTW’s Commercial Lines Insurance Pricing Survey (CLIPS). Carriers reported an aggregate commercial price increase of 6.7%, continuing a consecutive quarter upsurge over 6%.
Tag: WTW Clips
Commercial Insurance Rates Continued to Increase at Slightly More than 6% in 2Q
According to WTW, a leading global advisory, broking and solutions company, U.S. commercial insurance prices have continued to increase in the second quarter of 2023, based upon their Commercial Lines Insurance Pricing Survey (CLIPS).