Intel

Whatcom County road in Lynden, Washington, was stained bright red the evening of July 10 when about 100 trays of raspberries from Enfield Farms spilled from a truck. An entire lane was blocked for nearly two hours while locals jumped in to help with the cleanup. Not only did state troopers cite the truck driver for…

The Construction industry has functioned in a tight market for the last several years, although rates have recently stabilized. Flat to modest rate increases are common outside of a consistent group of challenging sectors that offer tight capacity and double-digit rate increases. Despite this relatively tight environment, demand for Construction Insurance remains high. Money is being pumped into Midwestern U.S.…

During this webinar, our own Nicholas Enriquez provided insights on challenges in the Construction Insurance Market. Watch a highlight from the discussion below. https://vimeo.com/989142283/1353a90638?share=copy

During this webinar, our own John Dewart provided insights on trends in the Construction Insurance Market. Watch a highlight from the discussion below. https://vimeo.com/989142110/c7d120cf6e?share=copy

During this webinar, our own Steve Bartell provided insights on the Construction Insurance Market Outlook. Watch a highlight from the discussion below. https://vimeo.com/989141968/bf7451cfcc?share=copy

The term “equilibrium” is increasingly being used within insurance circles to describe certain sectors moving toward a state of balance in terms of rates versus supply, terms and conditions. It suggests a growing opinion among industry leaders that Property and Casualty (P&C) is largely in a healthy place. This is true even after a decade-long period characterized by costly CAT…

During this webinar, our expert panel reviewed the current state of the construction market along with strategies for success. Watch now below. https://vimeo.com/986654786/b4a5aa663a?share=copy

Work-related fatalities at New York City building construction sites reached their lowest point in almost 10 years in 2023, according to new data from the city, but work-related injuries increased 25%, Safety+Health magazine reported on May 23. The Department of Buildings\' annual Construction Safety Report indicated that there were 841 building construction-related incidents, 692 injuries and…

When a fish tanker truck carrying more than 102,000 live salmon overturned on a sharp corner in northeast Oregon recently, a majority of the smolts — about 77,000 — made it into the adjacent Lookingglass Creek, according to reports. The truck had been transporting the fish from a hatchery for release in the Imnaha River, but rolled onto its side…

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…

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…

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…