Market News
Artex: US Property Market Challenges Drive Interest in Alternative Risk Solutions
US property market challenges drive interest in alternative risk solutions, like captives, as companies seek stable, long-term strategies amid fluctuating market conditions. Read More
Most Major Commercial Line Premium Renewal Rates Increased Month-over-Month
May renewal premiums rose across all lines except commercial property, with more significant increases from April in commercial auto, BOP, general liability, and umbrella policies. Read More
Specialty Insurance and E&S Lines Surge in Q1 2024: MarshBerry Report
A recent report finds specialty insurance and E&S lines show robust growth in Q1 2024, driven by a prolonged hardening cycle, shifting premiums, and new product developments. Read More
Insurance Premiums Rise for 25 Quarters, "Real" Growth in Question: MarshBerry
Insurance premiums have risen for 25 quarters, boosting brokerages' growth. However, MarshBerry finds most growth is due to rate increases, not strategic efforts. Read More
Effective Strategies for Forming and Managing Risk Retention Groups
Risk retention groups (RRGs) offer industry groups a cost-effective way to self-insure liability risks, providing control over expenses, policy wording, and claims. Read More