Commercial insurance prices increased by 5% in aggregate during the third quarter of 2013, according to Towers Watson's Commercial Lines Insurance Pricing Survey, released Monday.The brokerage said the growth in commercial pricing measured in 11 consecutive quarters appears to be tapering off, having dropped a point since the CLIPS edition from 12 months ago. The survey compares carriers’ pricing on policies underwritten during the third quarter of 2013 to those underwritten in the same quarter of 2012.Employment practices liability experienced the largest price increase year over ye...
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