Intel

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…

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

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

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?  

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…

The liquor license of a Kelseys Original Roadhouse franchise in Huntsville, Ontario, was recently suspended over allegations that staff overserved alcohol to a customer before a fatal car crash. On Feb. 14, the Alcohol and Gaming Commission of Ontario announced the 60-day suspension based on alleged liquor license violations stemming from a Nov. 4, 2022, incident in which a customer…

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…

During the P&C Market Outlook: Eye on 2024 Webinar on January 4, 2024, our own Blaise D\'Antoni joined us to provide an update on the Commercial Insurance market. Watch a highlight from the discussion below. https://vimeo.com/901640168/9d169dd209?share=copy

During the P&C Market Outlook: Eye on 2024 Webinar on January 4, 2024, our own Rebecca Roberts joined us to provide an update on the Commercial Insurance market. Watch a highlight from the discussion below. https://vimeo.com/901179484/c456917325?share=copy

During this webinar, our experts Blaise D’Antoni, Bill Gatewood, and Rebecca Roberts met to discuss the factors that will shape the 2024 Property and Casualty market. Paul Smith hosted. Key Takeaways: There is an overall broader sense of optimism in the 2024 commercial property market. It has improved but still has to overcome the significant CAT losses from previous years…

Home building costs are continuing to rise in the U.S. and Canada. In San Jose, California, construction costs have reached record highs as builders deal with increased costs and high interest rates, Newsweek recently reported. Many would-be homeowners are priced out of the market, while some home builders have turned to designing smaller houses so more buyers can afford them.…

Residents of an apartment complex in Atlanta, Georgia, that was severely damaged in a three-alarm fire on Nov. 10 have filed a class-action lawsuit against the building owners, claiming the owners failed to maintain the property’s fire suppression system and allowed access to the roof, where the fire began. The devastating blaze that destroyed most of the Reserve at LaVista…