NU Online News Service, June 15, 12:21 p.m. EDT

Commercial property-casualty insurance saw the smallest price decline in four years, according to a survey by consulting firm Towers Perrin in Stamford, Conn.

Towers Perrin said the finding in its most recent commercial lines insurance pricing and profitability trends survey (CLIPS) showed prices fell less than 1 percent and provides “increasing evidence that the soft market is reaching its end.”

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