The Perfect Storm: Why Property & Casualty Insurers are Experiencing the Hardest Market in Decades
When you received your renewal notice for your insurance policy, you may have been surprised by a premium increase. What caused such a drastic premium increase for your existing policy? Well, the property and casualty insurance industry is currently experiencing a challenging market. This is due to a combination of factors, including increasing natural disasters, […]
Ian Update: P&C Rates
Ian Update: P&C Rates Ian Update: P&C Rates. Property and casualty rates will rise for coastal states as a result of hurricane Ian, according to market research firm MarketScout. The storm is expected to cause widespread damage to infrastructure, homes, and businesses. “Companies are going to be reevaluating their rates in the wake of this […]