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 Sarah Sullivan | December 7, 2017 | Casualty, Employee Benefits, Health Risk Solutions, Healthcare, Pharmacy Analytics, Risk Management, Workers' Compensation
West Virginia is the 29th state to legalize marijuana recreationally or medically, with more likely to follow. Vermont, a state that has allowed marijuana for medical use for more than 10 years, will allow it for recreational use beginning July 2018. It is the...
by Lockton Companies | October 31, 2017 | Casualty, Cyber & Technology, Property, Risk Management, War & Terrorism, Workers' Compensation
Market Shift Ahead? Recent catastrophic storms, earthquakes and fires have wreaked havoc on communities across the US, Mexico and the Caribbean. What effect this will have on the global insurance market is just starting to emerge. Lockton’s October 2017 P&C...
by Lockton Companies | April 21, 2017 | Casualty, Cyber & Technology, Financial & Executive Risk, Food Safety, Insurance Market, Mergers & Acquisitions, Property, Real Estate, Regional, Transportation, War & Terrorism, Workers' Compensation
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...
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 Mark Moitoso | January 19, 2016 | Workers' Compensation
We heard it in 2015 and reported it ourselves in both June and November … overall the commercial insurance market has been soft, with competition for buyers on the rise. Even MarketScout recently noted that for overall P&C insurance rates, 2015 ended on another...
