P&C Market Update: Abundant Commercial Insurance Market Benefits Buyers
Capacity and growth in commercial insurance create a buyer’s market Market conditions still continue on the path that supports favorable pricing, coverage terms, and program structures that benefit many buyers. Lockton’s April 2017 P&C Market Update states...
Four Common P&C Issues Impacting Higher Education
Property & Casualty insurance coverage for higher education has always been complex. There is one factor that most have in common – diversity of exposure. Each school or department is like a different company with rules, hierarchy and status. This makes it tough to control for a risk manager or the individual with insurance responsibility. Each school needs to undergo its own risk identification process.
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...
The Storms’ Aftermath: What You Need to Know About Filing a Claim
At Lockton, we’re ready to help evaluate your claim if you’ve suffered loss in the recent storms. We’ll work with you and your adjuster to fully explain the steps that need to be taken. For more details about how to prepare your insurance claim,...