The world of multifamily real estate is fraught with unique challenges, especially when it comes to managing liability risks. We spoke with Andrea Ward, SVP and casualty broker at CRC Insurance Group, about the current...more
After years of sustained rate increases, 2025 offers a brighter outlook for commercial insurance buyers. We expect premiums to stabilize or rise modestly, varying by line of business and industry. Increased market competition...more
12/12/2024
/ Commercial Insurance Policies ,
D&O Insurance ,
Healthcare ,
Insurance Claims ,
Life Sciences ,
Manufacturers ,
Property Casualty Policies ,
Property Insurance ,
Real Estate Market ,
Reinsurance ,
Retail Market ,
Technology Sector ,
Umbrella Policies ,
Workers' Compensation Claim
Inflation—both economic and social—continues to contribute to premium increases in the P&C insurance market, and rising reinsurance costs due to severe weather events have led to higher property insurance costs. However, we...more
Few aspects of casualty insurance pose greater challenges to corporate risk managers and liability insurance underwriters than catastrophic auto accidents. Increasing medical costs and vehicle repair costs, combined with...more
Big News. On January 27, 2022, the Delaware Legislature passed legislation designed to make captive insurance a viable alternative to traditional D&O insurance. This new development should mean that, over time, the cost of...more
DELAWARE LEGISLATURE UPDATE -
Big News: On January 27th, the Delaware Legislature passed legislation making captive insurance a real alternative to traditional D&O insurance. Overtime, this should reduce the costs of D&O...more
Though the market remains difficult amidst claims costs and underwriting issues, we are cautiously optimistic and see opportunities for you to improve your insurance portfolio in 2022.
Join Woodruff Sawyer experts Carolyn...more
The last few years have been a reckoning for the insurance industry. Years of decreasing premiums were incompatible with the reality of frequent and more severe natural catastrophes, increasing jury awards in liability cases,...more
12/1/2021
/ Auto Insurance ,
Casualty Insurance ,
Commercial General Liability Policies ,
Commercial Insurance Policies ,
Coronavirus/COVID-19 ,
Infectious Diseases ,
Liability Insurance ,
Property Insurance ,
Umbrella Policies ,
Underwriting ,
Workers' Compensation Claim
The cyber insurance landscape has never been more challenging for corporate insurance buyers. Increased retentions, huge premium increases, and narrowed coverage terms all have corporations searching for alternative solutions...more