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 Lockton Companies | February 26, 2018 | Captives, Casualty, Construction, Executive Benefits, Global Risk, Healthcare, Property, Real Estate, Surety, Transportation
The current insurance marketplace remains in a state of uncertainty as insurance and reinsurance carriers seek to understand the full scope of their recent catastrophe (CAT)-related losses. Check out the February 2018 Lockton Market Update for more information as well...
by Jennifer Schuler | December 19, 2016 | Casualty, Construction, Cyber & Technology, Energy, Environment, Financial & Executive Risk, Healthcare, Insurance Market, Mergers & Acquisitions, Property, Real Estate, Surety, Transportation, transportation market, Uncategorized, Workers' Compensation
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...
by Jennifer Schuler | June 12, 2015 | Construction, Cyber & Technology, Energy, Financial & Executive Risk, Healthcare, Property, Risk Management, Surety, Workers' Compensation
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...
by Jennifer Schuler | December 31, 2014 | Casualty, Construction, Cyber & Technology, Directors & Officers, Energy, Financial & Executive Risk, Healthcare, Property, Risk Management, Surety, Workers' Compensation
The non-renewal of the Terrorism Risk Insurance Program Reauthorization Act (TRIPRA) has far-reaching implications, as the federal backstop will be unavailable to traditional insurers as well as to US-based captive insurers. In the latest Market Update, Lockton...
by Cody Fuchs | December 4, 2014 | Risk Management, Surety
Historically, private equity placements in the commercial surety marketplace have been challenging. Today, much of the new business flowing into the commercial surety market is coming from PE-owned, or soon to be owned, entities. Sureties are still scrambling to...