Report: Commercial Insurance Prices Flat in Q3

Commercial insurance prices in the U.S. were nearly flat during the third quarter of 2016, although workers’ compensation showed a small price decrease, according to a new report from Willis Towers Watson. The company’s most recent Commercial Lines Insurance Pricing Survey compared prices of policies written during the third quarter of 2016 to prices charged for the same coverage during the same quarter last year. Most price changes were comparable with those reported in the second quarter. Data for three lines — workers’ compensation, commercial property and surety b...