An illustration showing rising prices with arrows and stacks of coins. Growth in Q1 2024 remained on-trend with previous quarters, which have consistently seen around 6% price increases each quarter since the COVID pandemic. (Credit: VectorMine/Adobe Stock)

Commercial lines insurance prices increased 6.3% year-over-year in the first quarter of 2024, according to Willis Towers Watson's (WTW) latest Commercial Lines Insurance Pricing Survey (CLIPS).

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