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Commercial Insurance Prices Mostly Flat In Q1

Auto was the only line of coverage to experience significant price increases, says Willis Towers Watson.

U.S. commercial insurance prices showed minimal gains during the first quarter of 2017, according to the latest Commercial Lines Insurance Pricing Survey (CLIPS) from Willis Towers Watson.

Analysts at the global advisory, broking and financial solutions company compared policy pricing during the first quarter to the same period last year. They found that year-over-year commercial policy prices changed less than 1% for the sixth consecutive quarter.

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