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High-Value Solutions Market Overview
Key Takeaways: The High-Value Solutions market is stabilizing, with admitted carriers returning to some geographies, increased competition, and expanded Excess and Surplus (E&S) capacity. Underwriting flexibility is improving for catastrophe-exposed risks, including wildfire, wind, and flood. Clients may benefit from having their broker market their insurance program including revisiting higher deductibles, water sublimits, and reduced coverages implemented during the hard market. Product innovation is expanding customization through layered programs,…
$9M Attic Find: Superman Comic Sets Auction Record
Inside This Article: A Superman #1 comic book discovered in an attic recently sold for more than $9 million. Fine art sales have also broken new records in recent weeks, including a Gustav Klimt painting and a Frida Kahlo self-portrait. High-value collectibles require special insurance coverage under a Personal Articles Floater, as Homeowners Insurance policies would not typically have…
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