The Tillinghast business of Towers Perrin said it will brief property-casualty insurers via Webcast Wednesday on an innovative price and loss costs survey it hopes they will participate in
Tillinghast in Stamford, Conn. said its new launch is a ground-breaking effort called Commercial Lines Insurance Price Monitoring Survey (CLIPS).
The firm said it initiated the survey to meet the insurance industry's need for better historical benchmark information regarding pricing and loss costs and it will be the only survey that will marry these two pieces of information across multiple commercial lines of insurance.
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