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P&C Report: 2025 Q2 Outlook

P&C Report: 2025 Q2 Outlook

Key Takeaways: Rates are beginning to stabilize or even decline in some non-CAT areas. Market capacity remains healthy, particularly in non-admitted spaces, although often through layered placements, which are becoming more common. Carriers are increasing reliance on exclusions and higher deductibles to manage risk. Wildfire and convective storm risks are driving significant change in both Personal and Commercial Insurance.…

Video: Commercial Insurance Q2 Outlook

Video: Commercial Insurance Q2 Outlook

Watch below as Connor Farquharson, Manager, Commercial Insurance, Burns & Wilcox, Dallas/Fort Worth, TX, breaks down today’s evolving Commercial Insurance landscape—where some markets are softening while others, like Transportation and Liquor Liability, continue to harden nationwide. https://vimeo.com/1073993370/1b7518d264?ts=0&share=copy For more insights, watch the full P&C Market Outlook Q2 2025 webinar recording.

Commercial Insurance Updates: Q1 2025

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 more, and discover what’s shaping the market in 2025.  

Cargo Theft Hits Record High in 2024, Targeting Consumer Goods, Electronics and More

Cargo Theft Hits Record High in 2024, Targeting Consumer Goods, Electronics and More

Inside This Article: Cargo theft surged 27% between 2023 and 2024—which regions were hit hardest.  The high-value and everyday goods criminals are targeting in record numbers. The rise of strategic cargo theft—how criminals use fake identities and deception to steal entire shipments. Why Motor Truck Cargo Insurance is more critical than ever for shippers and carriers. Smarter security strategies…

P&C Report: 2025 Forecast

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 Excess & Surplus (E&S) market is expected to continue growing, although at a slower pace when compared to recent years. As we move into 2025, small businesses may see modest…

Market Overview: Technology, Trends and Tips for Transportation Insurance

Market Overview: Technology, Trends and Tips for Transportation Insurance

The Transportation market is extremely fluid as we head toward 2025. It is marked by increasing rates, competitive challenges and newly mandated regulations that impact every facet of the sector. Ongoing increases in the number of litigated claims are keeping inflationary pressures high for both fleet and non-fleet accounts. This is making it harder for carriers to meet their profitability…

$15.3 Million in Lawsuits Target Trucking Company After Party Bus Crash

$15.3 Million in Lawsuits Target Trucking Company After Party Bus Crash

A transportation company based in Illinois is being sued for $5.3 million following a devastating accident in which one of its freight trucks reportedly rear-ended a party bus, resulting in the tragic loss of three passengers and injuries to 20 others. In the lawsuit, Triton Logistics, its owner, the driver, and several related companies are accused of negligence and acting…

Video: Transportation Exposures

Video: Transportation Exposures

Shifts in the Transportation Insurance market are reshaping risk exposures. From hazardous haulers to non-emergency medical fleets, Denis M. Brady, Broker, Transportation, Burns & Wilcox Brokerage, San Francisco, CA, provides expert insights on key trends, carrier exits and tightening markets. https://vimeo.com/1027711048/e7b3a6a62d?share=copy

Video: State of the Excess Transportation Market

Video: State of the Excess Transportation Market

Navigating a rapidly changing Transportation market requires adaptability and precision. Buddy Taylor, Broker, Transportation, Burns & Wilcox Brokerage, North Dallas, TX, provides tips for brokers and agents to secure Excess coverage. https://vimeo.com/1027736735/30143d7d5b?share=copy

Video: Trends in the Transportation Insurance Market

Video: Trends in the Transportation Insurance Market

Technology is transforming Transportation Insurance. In this clip from the Burns & Wilcox Transportation Webinar, Monica Cantu, Underwriting Director, Burns & Wilcox, San Antonio, TX, explains how AI, telematics, and evolving trends like driver shortages and claims inflation are reshaping risk assessment and pricing. https://vimeo.com/1027742680/957e53e892?share=copy

Webinar: Transportation Insurance – Securing Coverage in a Challenging Market

Webinar: Transportation Insurance – Securing Coverage in a Challenging Market

The trucking industry is navigating a complex landscape, from jurisdictional challenges to rising operational costs. In our latest webinar, experts from our Transportation Practice Group explored the most pressing issues facing Transportation Insurance today. Watch now to gain valuable insights into coverage, pricing, and claims, along with practical tips for brokers and agents to stay ahead of industry changes and…

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As wildfires continue to affect communities throughout Los Angeles County, we want to express our heartfelt support for the residents, first responders, and all those working tirelessly to combat these devastating fires.

We understand the challenges posed by this crisis. If you need assistance or have questions about your client's coverage during this time, the team at Burns & Wilcox is here to help.