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P&C Report: 2024 Q2 Outlook
Following several years of double-digit rate increases and restrictive adjustments to Terms and Conditions (T&C), the Property Insurance sector has reached a point of relative stability. Rates are largely modest as insurers secure the required premium, now applying rates against a proper exposure basis—Insurance to Value (ITV). With few exceptions of traditional CAT-prone perils in specific geographies, most carriers are…
Video: Commercial Insurance Overview
During this webinar, our own Doug Legters provided updates on the Commercial Insurance Market. Watch a highlight from the discussion below. https://vimeo.com/932659555/6f9742c648?share=copy
Video: Property & Casualty Market Outlook
During this webinar, our own Bonnie Steen provided updates on the P&C Market. Watch a highlight from the discussion below. https://vimeo.com/932655131/346bf382e0?share=copy
Webinar: P&C Market Outlook – Q2 2024
During this webinar, our expert panel reviewed valuable insights into Q2 2024 and discussed the personal and commercial insurance markets, brokerage and contract binding, and other key topics. Watch now below. https://vimeo.com/930799431/68b9519cb2?
Massive Warehouse Fire Sends Debris Flying Leaving Clean-up Catastrophe
Authorities are continuing to investigate a massive warehouse fire March 4 in Clinton Township, Michigan, that caused “hundreds, if not thousands\" of explosions and sent debris flying more than a mile from the site. Metal debris that projected from the burning warehouse — which reportedly stored combustible materials associated with vaping — lead to one tragic death of a bystander…
Valentine’s Day Jewelry Sales to Reach $6.4 Billion, Experts Warn of Uninsured Losses
Consumers will spend a record-breaking $6.4 billion on Valentine\'s Day jewelry purchases this year, according to a recent survey from the National Retail Federation. The annual survey shows that total Valentine\'s Day spending in the U.S. will reach $14.2 billion, another record, INSTORE Magazine reported Jan. 30. Although consumers expected to spend an average of $185.51…
P&C Report: 2024 Forecast
Many of the primary factors that influenced the status of the Property & Casualty (P&C) market in 2023 are likely to remain in 2024. We continue to operate in a comparatively hard environment marked by rising but moderating rates on some lines of business, where it is often necessary to layer available capacity that includes carefully worded terms and conditions…
Video: 2024 Commercial Insurance Highlight
During the P&C Market Outlook: Eye on 2024 Webinar on January 4, 2024, our own Blaise D\'Antoni joined us to provide an update on the Commercial Insurance market. Watch a highlight from the discussion below. https://vimeo.com/901640168/9d169dd209?share=copy
Video: 2024 Commercial Insurance Outlook
During the P&C Market Outlook: Eye on 2024 Webinar on January 4, 2024, our own Rebecca Roberts joined us to provide an update on the Commercial Insurance market. Watch a highlight from the discussion below. https://vimeo.com/901179484/c456917325?share=copy
Webinar: Property & Casualty Market Outlook – Eye on 2024
During this webinar, our experts Blaise D’Antoni, Bill Gatewood, and Rebecca Roberts met to discuss the factors that will shape the 2024 Property and Casualty market. Paul Smith hosted. Key Takeaways: There is an overall broader sense of optimism in the 2024 commercial property market. It has improved but still has to overcome the significant CAT losses from previous years…
At Art Basel Miami Beach, Signs Point to Strengthened Art Market
Early reports from one of the art industry\'s most significant U.S. events of the year pointed to a positive outlook for the art market, according to news outlets. Several galleries represented at the annual Art Basel Miami Beach, held Dec. 6-10, were reporting strong sales, including the sale of several works valued at more than $1 million and at least…
Rooftop Fireworks Spark Apartment Fire, Leading Residents to Sue Owners
Residents of an apartment complex in Atlanta, Georgia, that was severely damaged in a three-alarm fire on Nov. 10 have filed a class-action lawsuit against the building owners, claiming the owners failed to maintain the property’s fire suppression system and allowed access to the roof, where the fire began. The devastating blaze that destroyed most of the Reserve at LaVista…
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