Market Insights

The public entity market remains stable, though pressures persist. Property conditions continue to soften with strong competition and available capacity, while casualty faces ongoing challenges from legal system abuse, rising loss costs and shifting legislation. Underwriting remains selective and highly jurisdiction-dependent, even as competition increases. In professional lines, larger risks are seeing tightened capacity, with some carriers reducing limits or scaling back coverage. As exposures evolve, public entities are increasingly exploring solutions like parametric insurance and AI to better manage risk.

Regulatory complaints may feel like routine paperwork, but they can carry significant insurance implications. Learn why it’s important to work with a partner like Amwins to clarify expectations and encourage clients to err on the side of early reporting.

The MGA sector remains one of the most active parts of the insurance market. MGAs that combine disciplined underwriting, strong data capabilities and thoughtful capital partnerships will be best positioned to succeed. As competition increases, execution and consistency will matter more than growth alone.

U.S. economic growth has been strong, although the labor market has softened and inflation remains elevated. The positive expansion in Q3 2025 GDP by 4.4% was driven by positive contributions in consumption, net exports and government spending. Relatively high interest rates and high real estate prices continue to hold back the housing sector. However, falling interest rates are likely to bolster sales and prices in 2026 and 2027. Personal spending was up in Q3 2025 by 5.4% year on year, which is a solid pace. This pace of consumer demand is likely to support growth, even if labor market data remain mixed and payrolls slow further.

The small business and personal lines sectors enter 2026 in a more stable position. Following several years of disruption and rate escalation, market conditions have begun to normalize.

This State of the Market report features expert insights from Amwins professionals into the elements influencing these trends. It examines rate movements, capacity and evolving coverage across various industries, business lines and risk specialties in the United States, London and Bermuda.

Adequate coverage helps ensure HOAs can recover quickly from unexpected losses, maintain operations without interruption and continue fulfilling their obligations to residents.

After two years of turmoil, the energy insurance market enters 2026 with a mix of renewed competition and selective underwriting discipline.

Healthcare markets are showing selectivity, particularly in classes exposed to vulnerable populations or high-severity claims, while competition remains strong in more stable sectors.

The public entity market has remained relatively stable in 2025, though challenges persist. Property competition is strong due to increased capacity, while accounts with large CAT exposures or high loss activity still face strict underwriting. Casualty capacity is steady, but social inflation, litigation and legislative changes continue to create pressure. Carriers are becoming more selective, using updated data and technology to manage risk. With evolving exposures and tight budgets, an experienced broker is essential.

Insuring hospitals and other healthcare facilities against natural disasters is both essential and nuanced. Roofing age, disaster response plans and business income contingencies all play a role in shaping insurability.

For brokers and insureds alike, the evolving AV market presents both opportunity and uncertainty. Capacity is limited, but carriers are getting creative, moving toward more comprehensive, manuscript-style solutions that blend auto liability, products coverage and tech E&O.