Market Insights

Stay informed on emerging issues and trends in the insurance industry.

2024 Outlook

State of the Market

As we kick off 2024, the insurance marketplace continues to experience many of the same highs and lows we encountered in 2023. Some markets are less challenging than others, with a competitive rate environment and more favorable underwriting, while others grapple with one of the most demanding markets we’ve ever seen.

Featured

State of the Market Report: A Focus on Cyber

The cyber insurance market has seen a significant shift since early 2023, softening considerably and presenting more favorable conditions for buyers. Renewals are often coming in at level or below expiring pricing, despite increasing claims activity. This shift is driven by improved capacity from both new market entrants and existing carriers expanding their offerings, including limits up to $10 million.

Featured

EIFS: Understanding the Risks and Potential Coverage Limitations

Properties with EIFS have frequent reports of loss due to water damage. Here we discuss the importance of understanding your client’s financial exposure to specific EIFS risks and highlight the common exclusions that could potentially limit coverage.

Sep 10, 2024

Market Insights

State of the Market

State of the Market Report: A Focus on Cyber

EIFS: Understanding the Risks and Potential Coverage Limitations

State of the Market Report: A Focus on Cyber

Navigating Asset Manager Forms and Submissions

Carbon Sequestration 101: Understanding the Risks and Finding Insurance Solutions

EIFS: Understanding the Risks and Potential Coverage Limitations

State of the Market: A Focus on the Transportation Industry

Home Health Care Agencies Can Avoid Insurance Blame Game with Auto Liability Coverage & Risk Management

Leveraging Captives for Greater Control and Customization

CrowdStrike Outage: Market Impacts and Coverage Implications

Real Estate Casualty Market Hardening Enters Uncharted Territory

Navigating the Future of Battery Energy Storage Systems: Challenges and Insights

AI in Healthcare – What we know and how we are responding

CGL Exclusions Common to Construction-Related Claims

Evolving Social Engineering Tactics Raise the Stakes for Cyber Coverage

ESOP Growth Presents Market Opportunity for Retail Agents

Builder’s Risk Insurance: What Costs Are Covered in the Event of a Loss?

Contractor’s General Liability – 11 Common Coverage Limitation Endorsements

Mass Exit: Coverage in the Human Services Industry Increasingly Hard to Come By

Flood Risk Coverage Requires Speed, Flexibility and Expertise

Spike in Accommodation Complaints Increases Employers’ EPL Risk

Facultative Reinsurance: Casualty Market Update

Facultative Reinsurance: Property Market Update

State of the Market: A Focus on Builders Risk

Cannabis Intoxication Liability: A Growing Concern for Businesses

Going Global Brings New Risks

Active Assailant Coverage: A Key Provision in Preparing for California's New Workplace Violence Prevention Law

Social Services Look to E&S Amidst Change in Admitted Marketplace

Another Look: The Rise of Billion-Dollar Catastrophe Claims

Top Catastrophe Claim Tips for Severe Weather Season

CAT Modeling 101

Florida Condo Associations and Co-Ops Face the Reality of Legislative Updates

The Role of Fire and Water Remediation Insurance in Disaster Recovery

Limiting Transactional Risk in M&A

State of the Market Report – A Focus on the Hospitality Industry

Professional Services: A Critical Element of E&O Insurance

The Importance of Marine War Insurance in Today's Global Shipping Industry

Professional Liability Risks and the Cost of Potential Errors

Water Damage Claims for Homeowners, More Than an Inconvenience

State of the Market Report: A Look into the Public Entity Marketplace

Navigating the Shifts in RMS Modeling

Cost-Effective Insurance Critical to Financing Energy Transition to Solar

Stock Throughput – An Alternative Solution for Property Brokers

Property Market Conditions Expected to Slow and Even Out as Year Progresses

Safe Haven: Best Practices for Exceptional Care and Risk Mitigation in Nursing Homes

Adaptability is Paramount When It Comes to Private Equity Coverage

Competitive Garage and Auto Dealers Marketplace to Continue in the Short Term

Builders’ Risk Market Continues to Experience Stress

Code Blue for Cyber Threats: Securing Patient Safety in the Digital Age

Risk Management in Healthcare Staffing: The Importance of Excess Liability Coverage

Mastering Managed Care: How State Variations Impact Insurance Agents

State of the Market: Personal Lines