Intel

As flooding risks continue to grow across the U.S. and beyond, finding the right Flood Insurance policy is essential for property owners. To learn more about Flood Insurance, we spoke with Brad Turner, Vice President, National Product Manager, Flood, Burns & Wilcox, Morehead City, North Carolina. What are some of today\'s greatest risks regarding Flood Insurance? B.T.: The lack of…

Modeling plays a significant role in the E&S Property market. In our latest webinar, Jonathan Mortimer, E&S Distribution Leader, Millennial Specialty Insurance, discusses modifiers that factor into assessing CAT Insurance risks. https://vimeo.com/1006982209/971816ec54?share=copy

What does the future hold for the E&S Property Market? Chris Siegel, Associate Vice President, Managing Director, South Florida, Burns & Wilcox, Orlando, Florida, weighs in on anticipated CAT Insurance pricing and capacity changes. https://vimeo.com/1006987858/2678790cae?ts=0&share=copy

It has been a devastating wildfire season across the western United States. Fast-moving blazes have forced thousands of people to evacuate, destroyed homes and scorched millions of acres of land. In other parts of the country, catastrophic flooding has ravaged homes, businesses, and infrastructure. Extreme heat, tornadoes and hurricanes also remain serious threats. In our Extreme Weather and CAT Insurance webinar,…

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…

Communities from Florida to the Northeast are recovering from the effects of Hurricane Debby, which brought flooding rain and multiple tornadoes from Florida to the Northeast. Earlier this year, forecasts predicted an above average, or even record-breaking number of storms in 2024, due in part to unusually high ocean temperatures and the effects of La Niña, NBC News reported. For…

As we move into the remainder of 2024, the Flood Insurance market is awash with excess capacity and is seeing stabilized reinsurance rates—based in part on a modest 2023 storm season. This is a different story from this time a year ago when reinsurance rates had increased by up to and more than 50 percent. While rates have largely been…

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…

Some businesses in Houston, Texas, were still struggling to get back up and running as of mid-July after Hurricane Beryl left many with prolonged power and internet outages, in addition to wind- and water-related property damage. Data from CoreLogic indicates that insured properties and businesses in Harris County could face between $210 million and $600 million in damages from the…

During this webinar, our own Denis Brady provided insights on the Large Account Brokerage Market leading into Q3 of 2024. Watch a highlight from the discussion below. https://vimeo.com/985185596/2f6e2ec4ec

During this webinar, our own Peter Kestenbaum provided insights on the Commercial Property Market leading into Q3 of 2024. Watch a highlight from the discussion below. https://vimeo.com/984326736/678308ac3f

During this webinar, our expert panel reviewed valuable insights into Q3 2024 and discussed the personal and commercial insurance markets, brokerage and contract binding, and other key topics. Watch now below. https://vimeo.com/982781651/ca925a19f8