The second half of 2022 has ushered in a new environment that provides a brighter picture, one with improved pricing conditions, coverage, and capacity for many commercial lines of business.
Tag: soft market
The Hardening Market: Insurers Drive Up Prices for U.S. Businesses
U.S. companies are paying more for insurance, a reversal after years of flat or declining rates for property and liability policies. Insurers have raised prices aggressively in the past year on companies of all sizes across the country. And they have warned price hikes are likely to continue. The turnabout underscores a challenging landscape for… Continue reading The Hardening Market: Insurers Drive Up Prices for U.S. Businesses