With capacity abundant, Willis doesn't expect last year's storm to boost commercial property pricing.

But the pace of the increases in commercial lines seems to be slowing.

But the pace of the increases in commercial lines seems to be slowing.

Willis Chairman and CEO Joe Plumeri says "smaller, localized waves" are replacing the "rising tide that lifts all boats" in insurance pricing.

Willis Chairman and CEO Joe Plumeri says "smaller, localized waves" are replacing the "rising tide that lifts all boats" in insurance pricing.

Risks of data breaches grow as devices like smartphones and tablets proliferate.