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Insureds in need of cyber protection increasingly turn to the wholesale insurance marketplace.
The U.S. home insurance premium is 35% higher today, on average, than it was two years ago, according to Policygenius.
This market is experiencing high capacity along with favorable rates, terms and conditions.
As natural forces and market conditions continue to evolve, the need for E&S will only grow.
Insurance industry news from Neptune Flood, Orion180, Texas Agency Alliance and more.
The company is releasing approximately 11% of its workforce across all lines of business.
Marcus & Millichap report the latest dramatic spikes as providers pull out of key markets.
Carriers are doing what they need to do this year to put themselves in a healthy position.
Berkshire Hathaway's AmGUARD as well as Falls Lake Fire & Casualty are pulling out of the state's beleaguered home insurance sector.
Friction during the claims process following a catastrophe can strain customer satisfaction and cause a sharp decline in renewals.
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