Market Insights
Stay informed on emerging issues and trends in the insurance industry.
State of the Market Report: A Focus on the Energy Sector
The energy insurance market has undergone notable changes, with increasing stabilization in the downstream sector offering more favorable conditions for insureds. Renewals have started to reflect lower rates, despite ongoing challenges from natural catastrophes and rising claims. This shift is influenced by improved capacity and profitability among carriers, alongside strategic partnerships in navigating complex risks.
Cannabis Beverage Boom Creates Uncertainty and Opportunity
Intoxicating hemp products aren’t new, but they have begun to increasingly flow through existing beverage distribution networks. In addition to retail, restaurants, and bars, even sports stadiums have started serving THC beverages alongside alcohol, creating a host of liability concerns and potential gaps in insurance placements.
