Commercial insurance prices remain level for fifth straight quarter
A fragile global economy, excess capacity in virtually every line of commercial insurance and last year's below-average catastrophic losses combined to keep commercial insurance prices flat during the first quarter of 2010, according to global professional services company Towers Watson's most recent commercial lines insurance pricing survey.
Tower Watson said the latest results mark the fifth consecutive quarter of little or no price increases after nearly five years of steady decreases.
The survey compared prices charged on policies
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