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Instant Insights / P&C insurance outlook for 2023

Review what 2023 might have in store for the property & casualty insurance space with a suite of articles detailing expert opinions on topics ranging from insurance claims and insurtech to line-specific outlooks.

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Notably, 2022 featured some return of capacity from carriers. This was the second consecutive year without a catastrophic major weather event, serving to bolster the market’s growing appetite. (Credit: Lesia Povkh/Shutterstock.com) Notably, 2022 featured some return of capacity from carriers. This was the second consecutive year without a catastrophic major weather event, serving to bolster the market’s growing appetite. (Credit: Lesia Povkh/Shutterstock.com)

We may have avoided major catastrophic wildfires for the most part in wine country in 2022, but smaller fires and other events posed risks of their own. Winery owners and operators continued to face challenges related to public health issues, supply chain shortages, inflation and more. That said, 2022 was not all bad, several positive trends emerged and are likely to continue on the risk management side.

Let’s take a look at what we saw in winery insurance in 2022, what we can expect to see in 2023 and what it all means for agents and brokers engrossed in, considering or already sampling this specialty.

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