Commercial insurance prices increased by 2 percent in aggregate during the fourth quarter of 2014, according to the “Commercial Lines Insurance Pricing Survey,” conducted by Towers Watson, a global professional services company.
The survey compared prices charged on policies underwritten during Q4 2014 to those charged for the same coverage during Q4 2013. Carriers reported continuing moderation of price increases, which began in Q12013, albeit with a brief pause in the third quarter of 2014, Towers Watson said.
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