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P&C Report: 2024 Q3 Outlook

P&C Report: 2024 Q3 Outlook

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…

Power Outages Stall Houston Businesses After Beryl, Insured Losses Could Hit $600 Million

Power Outages Stall Houston Businesses After Beryl, Insured Losses Could Hit $600 Million

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…

Video: Large Account Brokerage Outlook Q3 2024

Video: Large Account Brokerage Outlook Q3 2024

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

Video: Commercial Property Outlook Q3 2024

Video: Commercial Property Outlook Q3 2024

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

Webinar: P&C Market Outlook – Q3 2024

Webinar: P&C Market Outlook – Q3 2024

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

Bounce House Tragedy Shows Need for Precautions and Extra Protection

Bounce House Tragedy Shows Need for Precautions and Extra Protection

A tragic incident involving a bounce house that was set up at a family’s home in Casa Grande, Arizona underscores the potential dangers and protections needed for such attractions. According to reports, a sudden gust of wind sent the bounce house into the air and onto a neighboring property, impacting two young children. “It is heartbreaking,” said Andy​​​​ Sable, Senior…

Justice Department Proposes to Reclassify Cannabis as Less Risky Drug

Justice Department Proposes to Reclassify Cannabis as Less Risky Drug

Cannabis could be reclassified from a Schedule I to a Schedule III drug under a new rule recently proposed by the U.S. Justice Department, according to reports. While some experts say it represents a historic shift in policy, the proposed change would not legalize marijuana, but would ease federal restrictions on the substance and put it in the same class…

Burglary Ring Targets Homeowners, Swiping $4 Million in Jewels Over 6 Years

Burglary Ring Targets Homeowners, Swiping $4 Million in Jewels Over 6 Years

Police in Massachusetts recently broke up a “sophisticated” burglary ring that stole jewelry worth over $4 million from homes in 25 communities in the state over the past six years. According to the Massachusetts State Police Division of Homeland Security, the criminals allegedly targeted households they believed would have more jewelry, ABC News reported on April 27. [lgc_column grid=\"50\" tablet_grid=\"50\"…

P&C Report: 2024 Q2 Outlook

P&C Report: 2024 Q2 Outlook

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…

Video: Commercial Insurance Overview

Video: Commercial Insurance Overview

During this webinar, our own Doug Legters provided updates on the Commercial Insurance Market. Watch a highlight from the discussion below. https://vimeo.com/932659555/6f9742c648?share=copy

Video: Property & Casualty Market Outlook

Video: Property & Casualty Market Outlook

During this webinar, our own Bonnie Steen provided updates on the P&C Market. Watch a highlight from the discussion below. https://vimeo.com/932655131/346bf382e0?share=copy

Webinar: P&C Market Outlook – Q2 2024

Webinar: P&C Market Outlook – Q2 2024

During this webinar, our expert panel reviewed valuable insights into Q2 2024 and discussed the personal and commercial insurance markets, brokerage and contract binding, and other key topics. Watch now below. https://vimeo.com/930799431/68b9519cb2?  

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