Commercial P&C market stabilizes with 5.1% average premium increase, with umbrella coverage leading increases and D&O rates leading declines, CIAB reports.
At the PLUS Conference in Chicago, Jeff Kulikowski of Westfield Specialty shared some of his thoughts on wholesale distribution and professional lines coverage.
As insurers grapple with severe weather and emerging risks, advanced location intelligence offers solutions for the P&C industry, according to Nearmap.
Insurance industry poised for growth as 79% expect revenue increases and half plan workforce expansion in the coming 12 months, according to report by Jacobson Group and Aon.
When standard lines insurers pull out of states or risk, it often creates a gap in the insurance market. This is where the E&S market plays a crucial role.
As businesses face increasing ‘polycrisis’ threats, traditional risk management approaches need an update for today’s interconnected challenges, per a RIMS executive report.
Product recalls surge across key industries in 2024, with over 580 million units affected through September alone, Sedgwick’s quarterly analysis reveals.