Property insurance rates experience “modest” increase in US

Property insurance News commercial P&C insurance

A survey has indicated that American commercial policy rates have increased just slightly. The results of a new survey that was conducted by Towers Watson & Co. has revealed that the price of commercial property insurance in the United States rose slightly during the first quarter of 2012. It also indicated that business employment practices liability and workers compensation rose during that time. The rise that was experienced in the commercial property insurance rates from the last quarter of 2012 to the first quarter of 2013 was – according to…

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Study shows North American property and casualty insurance rates continue to rise

homeowners insurance

A study performed by the global insurance broker, Willis Group Holdings, has reported that there have continued to be gradual increases to property and casualty insurance rates as a result of the many catastrophes that have already occurred this year. The broker’s 2012 Marketplace Realities report spring update was just released and it will provide guidance for thousands of consumers who are looking to buy or renew their coverage in North America. It will also be an important focus in Philadelphia for the Risk & Insurance Management Society’s Annual Conference…

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