E&S/Specialty

Medical malpractice claims are getting costlier, jury verdicts are getting bigger, and insurers are feeling the squeeze.

Narrowing coverage and tightening capacity will favor agents and brokers who prepare clients early.

Beyond the flames: Toxic contamination, costly cleanup and third-party lawsuits can expose businesses in ways that property insurance alone may not cover.

Average bodily injury (BI) claim payments increased 7.8% annually between 2017 and 2022, the IRC reports.

How big is your umbrella?

The total non-loss cost ratio was 1.4 percentage points lower for a composite of insurers focused on wholesale distribution versus a composite of insurers focused on retail distribution.