Comp Insurance Prices Continue Modest Decrease, Survey Finds

Workers’ compensation insurance prices showed a modest decrease in the first quarter, continuing a trend that began in 2015, according to a Willis Towers Watson survey. There have now been single-digit decreases in work comp insurance prices for three consecutive quarters, Willis Towers Watson spokeswoman Ileana Feoli said in an email. Commercial insurance prices increased less than 1%, continuing a three-year trend of smaller increases, the survey found. As in previous quarters, the largest increase was in commercial auto insurance. Commercial property, directors and office...