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P&C Market Update:  Abundant Commercial Insurance Market Benefits Buyers

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...
Captive Solutions for the Trucking Industry

Captive Solutions for the Trucking Industry

  “ Although by no means a new concept, captives and risk retention groups continue to grow as an alternative to traditional insurance programs.”Tweet ThisThroughout the last eighteen months, premiums within the commercial auto space have risen...
Four Common P&C Issues Impacting Higher Education

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

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...