NEW YORK, June 10, 2024 (GLOBE NEWSWIRE) -- According to WTW, a leading global advisory, broking and solutions company, U.S. commercial insurance prices have maintained a steady trend with respect to consistent, routine, price increases. Based upon the company’s Commercial Lines Insurance Pricing Survey (CLIPS) for the first quarter of 2024, quarterly price increases of approximately 6% have remained steady since the global pandemic. The survey compares insurance prices on policies underwritten during the first quarter of 2024 to those prices for the same coverage in the same respective quarter of 2023 for a year-over-year perspective.

NEW YORK, June 05, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, has announced a new collaboration with Guidewire (NYSE: GWRE). This partnership will allow carriers to rapidly integrate WTW and Guidewire’s cloud platform enhancing the sophistication and speed-to-market of pricing, rating, and underwriting.

Benefits are as important as ever when it comes to attraction and retention

WTW’s latest P&C Insurance Advanced Analytics Survey shows AI adoption accelerating, but technology challenges threaten real progress.

NEW YORK, May 23, 2024 (GLOBE NEWSWIRE) -- Verita CSG, Inc. (Verita), a visionary Managing General Underwriting (MGU) company, today announced the introduction of an innovative new product providing insureds with the ability to purchase a Deductible Buy-Back policy. This new policy aims to protect insureds from unexpected expenses by providing coverage for wind, hail and named storm deductibles imposed by their All Risk Property Insurance program. This policy can also help mitigate the instances whereby a bank or lender requirement is imposed in order to seek a lower retention as a means to honor a financing agreement. Coverage is available for windstorm and hurricane exposures in coastal areas, in addition to inland/non-coastal areas that are susceptible to tornado and hail.

LONDON, May 22, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, announced that its Board of Directors approved a regular quarterly cash dividend of $0.88 per common share for the quarter ended March 31, 2024. The dividend is payable on or about July 15, 2024 to shareholders of record at the close of business on June 30, 2024.

NEW YORK, May 20, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, today announced the appointment of Chad Wright and Conor McLaughlin to the Strategic Client Engagement Leadership (SCEL) team. Within Corporate Risk and Broking in North America (CRB NA), Wright will serve as a Strategic Client Engagement Leader, and McLaughlin as a Global Client Advocate, both focused on the Fortune 1000 industry segment, allowing the SCEL team to anticipate emerging client risks as a market-leading, industry-focused broker.

NEW YORK, May 14, 2024 (GLOBE NEWSWIRE) -- According to the latest Insurance Marketplace Realities report from WTW (Willis Towers Watson, NASDAQ: WTW), a leading global advisory, broking and solutions company, premiums and rates have begun to stabilize across most industries and coverage areas in North America. Carriers have developed a comfort in quoting more client risk programs than they did a year ago, contributing to stability throughout the market.

LONDON, May 09, 2024 (GLOBE NEWSWIRE) -- According to the Global Transactional Risks Review and Outlook from WTW (NASDAQ: WTW), a leading global advisory, broking, and solutions company, “adaptation” might best describe last year’s global M&A insurance market, with participants facing volatile macroeconomic conditions and prudent capital deployment. The cautious approach to M&A activity is set to continue in 2024.

LONDON, May 08, 2024 (GLOBE NEWSWIRE) -- WTW (NASDAQ: WTW), a leading global advisory, broking and solutions company, today announces strategic enhancements to its global cyber facility. Following a successful launch in January 2023, WTW’s CyXS facility, a global solution for excess cyber insurance coverage, has introduced new features, effective 1 April 2024, designed to meet the dynamic needs of clients and keep ahead of market trends as cyber risks escalate.

NEW YORK, May 07, 2024 (GLOBE NEWSWIRE) -- Verita (Verita CSG, Inc.), a Managing General Underwriting (MGU) company, today announced the introduction of a new Workers’ Compensation offering for clients. This new WC solution complements Verita’s comprehensive casualty offering which already includes General Liability, Auto, and Umbrella/Excess Liability coverages.