Business Insurance July 25, 2012 Workers compensation insurance prices rose about 9% during the second quarter, Liberty Mutual Group Insurance's President and CEO David H. Long said today during a quarterly results teleconference. And the insurer is still seeking price increases across all its commercial-lines business “led by workers comp and property,” Mr. Long said. […]
PropertyCasualty360 July 23, 2012 Remarkable unanimity reigns among the dozen carrier and broker executives offering their assessment of current conditions in the commercial-lines market. Prices are clearly upward bound, with Workers’ Comp leading the way, followed by Commercial Property (especially in cat-prone areas). But new business is still being priced at lower rates than renewals. […]
July 5, 2012 – Business Insurance The composite rate for commercial property/casualty and professional lines coverage increased an average of 4% in June 2012 compared with the same month a year ago, MarketScout said Thursday. According to the Dallas-based electronic insurance exchange, prices for commercial property rose 5%, while general liability, commercial auto and workers […]
