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Based at Chicago Brokerage
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Senior Broker
Erich's Recent Wins
$623,000
Trucker hauling crude oil and diesel fuel
$334,800
Courier hauling
$200,100
Trucker hauling sand and gravel - Excess liability
$197,100
Non-Emergency Medical Transportation
$99,900
HNOA
$90,000
Charter bus operation, large fleet - Excess liability
Erich's Featured Intel
Commercial Insurance Updates: Q1 2025
The Commercial Insurance market is facing evolving challenges as wildfire losses, tightening capacity, and rising claims costs drive firming conditions. See below to explore key trends in Property, Casualty, and…
P&C Report: 2025 Forecast
KEY TAKEAWAYS: The January wildfires in southern California affected areas not typically prone to such risks, making the situation particularly alarming for insurers and residents alike. Despite challenges, the…
P&C Report: 2024 Q4 Outlook
Last quarter, we indicated the Property & Casualty (P&C) market had reached a relative level of equilibrium not seen in several years. We defined this as an environment where rates…
Erich's Related Intel
Crane Collapses at YMCA Construction Site, Narrowly Missing Driver
Inside This Article: A recent crane collapse at a Fort Lauderdale YMCA construction site sent equipment partially into the road just feet from a passing driver. Improperly secured loads, inadequate crane…
Casualty Exposure Scenarios
Scenario 1:Â Multiple residents of an apartment complex are injured when a balcony collapses. RELATED STAT: Lawsuits against the property owner over bodily injuries could result in significant payouts and…
$253,000 and Rising: Senior Care Claim Costs Climb
Inside This Article: Demand for senior care is rising as the number of older Americans grows. Recent data shows that senior care claims are becoming more costly and taking longer to…
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