BY ERIK HOLM
After years of price declines, signs suggest that property-casualty insurers that sell coverage to U.S. businesses may have finally hit bottom and are starting to climb out of their hole.
Executives at Travelers Cos. on Wednesday gave perhaps the most optimistic assessment of the commercial-insurance market in years, saying the rates it charged existing policyholders in September were up about 4%, and estimating that prices were finally increasing faster than the expected rise in its claims costs. October showed even more promise, company executives said.
The price increases were the most aggressive the company ...
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