Commercial insurance prices rose 3% last month, data show

04/7/2014 | PropertyCasualty360

Pricing for commercial-lines insurance increased 3% last month after rising 2% in February, MarketScout said. "Insurers target a specific return-on-equity. Despite improving margins, insurers are still not meeting their profit targets, thus the continued marginal increases," CEO Richard Kerr said in a statement.

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