WTW CLIPS: Commercial property drives Q2 deceleration in US rate increases to 5.9%

Published: Tue 10 Sep 2024

US commercial insurance rates increased 5.9 percent throughout the second quarter of 2024, a sequential slowing from 6.3 percent in Q1 2024 driven by a reduction in commercial property, according to WTW’s commercial lines insurance pricing survey (CLIPS).