Stay informed about the trends in the P&C and benefits industries.
After years of an entrenched soft market, the pendulum is swinging back to a focus on profitability. As we head into the second quarter, buyers and brokers alike will see the differences in rates, limits, terms, and conditions across many classes of casualty coverage.
The Public Entity market is seeing unique trends for both Property and Casualty. In Property, the mid-market has seen firming while larger placements have seen carriers, both domestic and in London, attempt to hold the line on pricing. In Casualty, there are underwriting concerns around several key issues including attachment point sensitivity, capacity management, and difficult public exposures such as water utilities and law enforcement.