by Jennifer Schuler | December 3, 2018 | Casualty, Construction, Corporate Governance & Risk Management, Cyber & Technology, Directors & Officers, Energy, Food Safety, Global Risk, Insurance Market, Marine, Product Recall, Property, Real Estate, Risk Management, Surety, Transportation, Uncategorized, Workers' Compensation
Despite strong financial performance, the US property and casualty (P&C) market is still in a modest transition, as there is a continued increase in the frequency of severe claims and a prolonged period of large weather events. This is leading the market to be...
by Sheri Wilson | June 7, 2017 | Environment, Marine, Property, Risk Management, Transportation
With the 2017 hurricane season officially launched on June 1, we can look forward to a more than average hurricane season if you believe the forecasters. Each modeler for the 2017 season is indicating some version of the following: 11-17 Named Storms 4-9 Hurricanes...
by Sheri Wilson | September 2, 2016 | Environment, Marine, Property, Real Estate, Uncategorized
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,...
by Bobby Bierley, Jr. | November 1, 2012 | Casualty, Energy, Marine, Property, Risk Management
It is still very early in the damage assessment process to have a clear picture of the impact on the marine and energy insurance markets. It is worth noting that there is not a significant concentration of onshore and offshore energy assets in the path of Hurricane...
by Bobby Bierley, Jr. | May 4, 2012 | Energy, Marine, Risk Management
2012 MARINE AND ENERGY MARKET UPDATE (Q1) The energy and marine insurance market can be summed up as relatively “FLAT” but with pressure from recent risk losses plus significant natural catastrophe losses in 2011 (the exception being energy casualty...