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The Advantage Stays with the Buyer

The Advantage Stays with the Buyer

It’s still a buyer’s market in commercial insurance.  Major changes have created strong competition, ample capacity and lower prices during the past several years.   Lockton’s December 2016 P&C Market Update states that the competitive landscape continues, as...
P&C Market Update: Competition Promotes Change, Creativity and Flexibility Among Carriers

P&C Market Update: Competition Promotes Change, Creativity and Flexibility Among Carriers

Lockton has released its Fall 2015 P&C Market Update and the US property and casualty insurance market has seen competition continue to increase in a market characterized by excess capital, low interest rates, and slow economic growth. Most clients are benefitting...
P&C Market Update: Market Continues to Soften, Competition Continues to Rise

P&C Market Update: Market Continues to Soften, Competition Continues to Rise

The US property and casualty insurance market has seen a surplus of growth in the last several years, leading to ample capacity and favorable rates. Overall, it continues to be a buyer-friendly environment that is not expected to change soon, barring a catastrophic...