Commercial insurance prices in the U.S. were again nearly flat during the third quarter of 2017, according to Willis Towers Watson's Commercial Lines Insurance Pricing Survey (CLIPS).
The survey compared prices charged on policies written during the third quarter of 2017 with those charged for the same coverage during the equivalent quarter in 2016.
Price changes reported by carriers averaged less than 1% for the ninth consecutive quarter, following a moderating trend in price increases that began in the first quarter of 2013.
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