Commercial insurance prices creep upward

Commercial insurance prices in the U.S. inched upward in the fourth quarter of 2017, according to a pricing survey released Monday by Willis Towers Watson P.L.C.

Price changes reported by carriers still averaged less than 1% for the 10th consecutive quarter, following a moderating trend in price increases that began in the first quarter of 2013, the brokerage said in a statement.

The WTW Commercial Lines Insurance Pricing Survey fourth-quarter update compares prices on policies written during the fourth quarter of…

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