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Habitational Market Overview: Property & Casualty Trends
Key Takeaways The Property market is softening: rates are down, terms are broader, deductibles are lower, and capacity is expanding. The Casualty market remains firm, with rising rates and tighter terms driven by social inflation and nuclear verdicts. Catastrophic perils—especially wildfire and wind—continue to drive demand for specialized solutions such as Wrap programs, wind pools, and deductible buy-downs. Ordinance & Law, Equipment Breakdown, and Habitability Insurance are often…
Video: FAIR Plan & DIC Wrap Coverage
The right wholesale partner makes all the difference. Chelsie Tysdal, Associate Managing Director, Underwriter, Commercial Insurance, Burns & Wilcox, Woodland Hills, California, explains how Wrap coverage—paired with leak detection and regular inspections—helped secure coverage for a high-risk Habitational property with a history of water damage claims. https://vimeo.com/1139409688/a8e3985de5?share=copy&fl=sv&fe=ci
Webinar: Habitational Insurance Trends, Risks, and E&S Solutions
Gain timely insights into the evolving Habitational Insurance market with our latest on-demand webinar. This session delivers updates on market trends, emerging risks, and creative E&S solutions for challenging exposures. https://vimeo.com/1139052191/0d0ea829a4?share=copy&fl=sv&fe=ci
Commercial Office Space Is Making a Comeback, How Owners Can Protect Their Property
Demand for office space is on the rise, possibly indicating that the bottom of the commercial office space market has passed, and a rebound is underway, Property Casualty 360 recently reported. Data from real estate tech platform VTS shows that demand for new commercial office space started rising in late 2022 and recently hit its 12th consecutive month of year-over-year…
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