The P&C Hard Market: Why Commercial Insurance Rates Are Rising in 2024-2026
Reading Time: < 1 minuteThe property and casualty insurance market has been in a sustained hard market since 2020. Carriers are raising rates, tightening terms, reducing capacity, and being more selective about risks. For commercial insurance buyers, this translates to higher premiums at renewal, stricter underwriting, and fewer carriers willing to quote certain classes of business. The hard market […]