Commercial insurance prices in the U.S. were again nearly flatduring the second quarter of 2017, according to thelatest Commercial Lines Insurance Pricing Survey(CLIPS) from Willis Towers Watson.

Price changes reported by carriers averaged less than 1% for theeighth consecutive quarter, following a moderating trend in priceincreases that began in the first quarter of 2013. The surveycompared prices charged on policies written during the secondquarter (Q2) of 2017 with those charged for the same coverageduring Q2 of 2016. 

How Q2 fared

Price changes in the second quarter for most lines ofbusiness were fairly consistent with changes reported in the firstquarter

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].