With insurance carriers tightening their underwriting standards, increasing premiums, and reducing coverage options, the hard market is imposing challenges on real estate owners and developers alike. Great pricing for new construction can no longer be expected, with...
The current commercial property insurance market is challenging and is expected to become even more so, with insurance carriers tightening coverages, terms, and limits while raising rates due to the increasing occurrence of extreme weather events. However, business...
WHEN MOTHER NATURE STRIKES YOUR INSURANCE CARRIERS’ BOTTOM LINE 2022 is yet another year that has been shaped by the destruction of natural disasters — what were once outlierweather events have become the newnorm. To top that off, it’s been another year...