As 2024 comes to a close, Gallagher’s comprehensive analysis of the US real estate and hospitality market highlights significant shifts in the property and casualty (P&C) insurance landscape.
Tag: market
Cyber Premiums Grew 61% as Threats Rose in 2021: NAIC Report
A recent NAIC report shows a cybersecurity insurance market worth approximately $6.5 billion, a 61% increase over the previous year.
As Florida’s Insurance Market Darkens, Companies Use ‘Trade Secret’ to Keep Data Hidden
As profitability of Florida property insurers declines, companies are increasingly blocking information they’d rather competitors — and the public — not see. State insurance laws allow companies to designate as “trade secret” any information they assert could put them at a competitive disadvantage if disclosed. The onus then falls on a member of the public… Continue reading As Florida’s Insurance Market Darkens, Companies Use ‘Trade Secret’ to Keep Data Hidden