Market Insights

While some segments are seeing softening, others face the hardest market conditions in decades. In this State of the Market report, Amwins specialists share market intelligence spanning rate, capacity, and coverage trends across lines of business and industries.

Market cycles are nothing new to the insurance industry; however, the hardening in real estate is unique both due to its persistency and severity. We are seeing a combination of restricted terms, diminished coverage, increased rates and greater underwriting scrutiny unlike anything in recent memory.

Moody’s RMS version 23 brings substantial updates to existing models, addressing core perils and climate change views while introducing enhancements in geocoding, model flexibility, data framework and security. This article explores the potential impact to commercial insureds in Gulf states and the Southeast.

In our 2024 Property Outlook, we noted the property market was showing signs of softening and a slowdown in the pace of rate increases for most insureds was to be expected. As we move further into Q1, that prediction is ringing true. Here's why.

While some segments are seeing softening, others face the hardest market conditions in decades. In this State of the Market report, Amwins specialists share market intelligence spanning rate, capacity, and coverage trends across lines of business and industries.

Select key events and marketplace change since the beginning of 2023 will further shape the future of the real estate market for the rest of this year and beyond. This update endeavors to provide an informative look at the key factors driving the real estate marketplace.

While having the lender put a policy in place for you may sound like a no-brainer, there are pitfalls to this type of policy, the biggest being the price and lack of adequate coverage. ​Learn more about how to avoid force placed coverage here.

While some segments are seeing softening, others face the hardest market conditions in decades. In this State of the Market report, Amwins specialists share market intelligence spanning rate, capacity, and coverage trends across lines of business and industries.

The current housing environment has led to a trend of tenants filing habitability lawsuits against current and former landlords. This article explores common causes for habitability claims and how retail agents and brokers can counsel insureds to mitigate risk through proactive property maintenance and detailed recordkeeping.

Some carries have begun to deny coverage for properties where pull cords are installed and other carriers are following suit, leaving retailers scrambling to find coverage for their clients. This article will address how underwriters analyze the risks associated with pull cords, and what you can do to help your insureds find coverage for properties where pull cords are installed.

On May 26, Florida adopted pro-industry bipartisan property insurance legislation that seeks to reform property insurance concerns in the state. The bills address fraudulent insurance claims and litigation, home hardening, and reinsurance assistance for insurers in an effort to inspire carriers to expand capacity and offer premium relief to property owners. This article examines some of the details of these bills.

We are continuing to see a hardening trend in the property market, especially in difficult geographic areas, as carriers de-risk their portfolio by limiting their exposure to high-risk perils. With the impact of 5/1 domestic reinsurance treaty renewals now being felt, we’re reiterating some key points from our recent State of the Market report and bringing you a deeper look into the current conditions of the property market.

Wildfires are an evolving concern across the U.S. and as the frequency and severity of them rises, so do the costs of insuring property in the geographic regions. Retail agents and brokers need to set appropriate expectations with insureds about the limitations in the current market and work with clients on risk management strategies, including fire prevention efforts.

With a recent upward shift in demand for replacement or supplemental Florida condominium capacity, the market has tightened in this segment and will continue to do so in the coming weeks. Learn more about these market developments and exclusive capacity available through Amwins brokers.

In February, three back-to-back winter storms brought unprecedented freezing temperatures to Texas and surrounding areas as well as an estimated $18 billion in insured losses. This article sheds light on claims questions and issues that retailers should be prepared to address with their clients to achieve a successful outcome.

The Casualty market’s response to COVID-19 is continuously evolving. With a wide array of factors already impacting this sector pre-crisis, segments of the Casualty marketplace are responding to the pandemic differently. In this article, our industry specialists share overall themes in the Casualty market and take a closer look at how various segments are being impacted.

​As the market for habitational casualty insurance continues to harden, both primary and excess carriers are being more selective, raising prices and attachment points, and are increasingly unwilling to consider risks with claim-frequency issues. Given these conditions, insureds can potentially reduce their claims expenses by moving from a deductible to a self-insured retention (SIR) program. This article explains how an SIR works, the types of insureds that can benefit from taking control of their claims management, and the benefit of partnering with a TPA to handle the administrative component.

​The explosive growth of the sharing economy – businesses offering goods and services through digital platforms that match consumers and providers – presents tremendous opportunity for retailers to market insurance and risk management services to a new breed of businesses. However, the regulation of shared-services is complex, continuously growing and can vary at the state and local level. This article provides insight into the regulations and laws impacting insurance for this industry and key questions to ask when considering the right insurance program for your sharing economy customers.

When a company suffers a loss to a fixed physical asset, such as when a fire damages a building, the insured may incur an interruption to their business which can result in the loss of income and the incurrence of expenses. This article examines how Business Income and Rental Value Income losses in a Property policy may treat depreciation after the damage or destruction of a fixed physical asset, numerous factors that impact the treatment, and how to mitigate claim disputes.

Multi-family real estate insurance has become a difficult class to place - many markets have either exited the space or tightened their guidelines. Here are three ways that you can help present risks in the best possible light for underwriters.