Around the P&C insurance industry: September 9, 2020

News from One80 Intermediaries, Ryan Specialty Group, Cowbell Cyber and more. (Photo: Shutterstock)

U.S. commercial insurance prices increased by nearly 10% during Q2 2020, according to Willis Towers Watson’s Commercial Lines Insurance Pricing Survey (CLIPS).

Sedgwick has acquired Nationwide Appraisals, an auto damage appraiser and inspection provider for the insurance industry. Founded in 2010, Nationwide Appraisals is an end-to-end solution provider for first- and third-party claims handling. Through this acquisition, Sedgwick says it aims to enhance the company’s fully in-house digital claims process with Nationwide Appraisal’s technology and network of 1,000 employees.