Property–U.S.
Insurers, shaken by large catastrophe losses and the prospect of poor investment returns, have put the brakes on price reductions in the property catastrophe market and are raising rates as they reduce...
View ArticleInsurance Prices Rising for Property Managers, Owners
Property Market Conditions The property insurance marketplace experienced the second-worst loss year on record in 2011, including the worst Q1 and Q2 ever. A multitude of major loss events—both at home...
View ArticleU.S. P&C First Half Results: Modest Rate Increases, Capacity Near Record Levels
Rates in the U.S. property and casualty market continued to show modest increases in the second quarter in most lines of coverage, but the large amount of capacity in the market is helping to keep...
View ArticleAM Best Video: Sandy Holds Commercial Insurance Rates in Check
AM Best is reporting that commercial insurance rates are generally holding steady to trending slightly higher. In a recent interview with me, Best’s John Weber and I discussed how property catastrophe...
View ArticleFree Webinar Offers Tips on Taking Advantage of Construction Comeback
As the construction industry is poised to make a comeback after the economic downturn, business leaders and risk managers need to be positioned to take advantage of this growth. Michael Campo, team...
View ArticlePolitical Violence Update – Summer 2013
Following the emergence of some considerable new capacity being released into the terrorism market from insurers XL, ANV and IGI, and an ever increasing appetite for this ‘profitable‘ line of...
View ArticleLockton Market Update – P&C Insurer Profitability Rebounds Q1 2013
The US property and casualty insurance industry experienced a sharp uptick in profitability for the first quarter of 2013. With the release of these numbers, Lockton experts weigh in on current...
View ArticleSuperstorm Sandy Forces Businesses to Assess Overall Risk Management Plans
Cause of loss questions, concurrent damage clauses result in complex claims Total economic losses from Superstorm Sandy have been estimated at $70 billion or higher, with insured losses between $25...
View ArticleConstructing a Strong Contract
Contractual Agreements and Their Impact on Additional Insured Endorsements In the construction industry, companies routinely transfer their liability risks to others through the use of contractual...
View ArticleProperty & Casualty Market Update: Summary of 2013 and Looking Ahead to 2014
The market rebounded at the beginning of 2013 and remained strong through the first half of the year. As 2014 approaches, Lockton experts reflect on the state of the Property and Casualty market and...
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