Commercial Insurance Prices Show Slight Rise in 4Q 2017

Commercial insurance prices edged upward slightly for most lines of coverage during the fourth quarter of 2017, a likely impact from rough weather-related claims in the last few months of last year, according to Willis Towers Watson’s latest Commercial Lines Insurance Pricing Survey (CLIPS).

Read more at https://www.advisenltd.com/2018/03/13/commercial-insurance-prices-show-slight-rise-4q-2017/

Erin Ayers, Commercial insurance prices show slight rise in 4Q 2017 (March 13, 2018).

This story in an excerpt of the original. The content originally appeared in Advisen Professional Front Page News.

Hurricane Matthew Losses Unlikely to Turn the Commercial Property Market

The commercial insurance industry may be looking to buck a trend of falling rates, but losses from Hurricane Matthew seem less likely to be the kind of catastrophic event to turn the market.

As Hurricane Matthew approached Florida late last week, some catastrophe modelers estimated losses of $30 billion from what was a raging Category 4 storm.

Read more at http://www.advisenltd.com/2016/10/17/hurricane-matthew-losses-unlikely-to-turn-the-commercial-property-market/

Erin Ayers, Hurricane Matthew losses unlikely to turn the commercial property market (October 17, 2016), available with subscription at Advisen Professional Front Page News.