USI predicted flat renewals to rate increases of 5% for accounts with good loss history and a range of 20% to 30% for more troubled accounts.
Tag: USI
USI: Property Lines with Poor Loss History to See Rate Hikes Up to 150%
According to USI Insurance Services, cat or non-cat property with a poor loss history or risk quality may see rate increases of up to 150% in the first half of 2023.
USI Insurance Services Purchases Griffin MacLean Insurance Brokers
USI Insurance Services (“USI”), a global leader in risk management, employee benefit, and retirement consulting, announced today the acquisition of Griffin MacLean Insurance Brokers of Bellevue, Washington. Griffin MacLean, founded in 1981, is an independent insurance brokerage firm that serves businesses and individuals throughout Washington and Alaska. The transaction’s terms were not disclosed. Griffin MacLean… Continue reading USI Insurance Services Purchases Griffin MacLean Insurance Brokers
USI and ABA Announce New Partnership with Berkley Select to Deliver EPLI Coverage to Law Firms
Berkley Select, a Berkley Company, to offer a new Employment Practices Liability Insurance (EPLI) program for law firms nationwide. As the broker for the ABA Insurance Program, which provides insurance and financial solutions for ABA members and their firms, USI Affinity now offers access to this new EPLI program designed to meet the unique needs… Continue reading USI and ABA Announce New Partnership with Berkley Select to Deliver EPLI Coverage to Law Firms