NU Online News Service, March 25, 11:48 a.m. EDT

Carriers say commercial insurance prices were relatively unchanged for the eighth consecutive quarter, while accident-year loss ratios deteriorated on a year-to-year basis, according to a recent pricing survey from Towers Watson.

The New York-based consulting firm issued its most recent Commercial Lines Insurance Pricing Survey (CLIPS) findings, saying commercial insurance prices, in aggregate, declined by 1 percent during the fourth quarter of 2010 on a year-to-year basis.

Recommended For You

Want to continue reading?
Become a Free PropertyCasualty360 Digital Reader

Your access to unlimited PropertyCasualty360 content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more inforrmation visit Asset & Logo Licensing.