NU Online News Service, Dec. 13, 11:14 a.m. EST
For the second straight quarter, all standard commercial lines showed an increase in pricing, but it isn't enough to keep up with loss costs.
According to Towers Watson's Commercial Lines Insurance Pricing Survey (CLIPS), commercial insurance prices rose 2 percent during the 2011 third quarter—especially for mid-market and large accounts—but loss costs have increased 4 percent to date this year, compared to 2010.
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