Insurance Journal

SEPTEMBER 10, 2024

Broker WTW said commercial lines insurance rates increased overall by an average of 5.9% Quarterly price increases have been around 6% since the end of the global pandemic, WTW reported in its Commercial Lines Insurance Pricing … during the second quarter.

Commercial Property 264

Commercial Property Commercial Broker Insurance 264

Insurance Journal

APRIL 6, 2025

By Andrea Wells Commercial property insurance rates continue to fall for most accounts after most property insurers saw profitable books in 2024. That’s good news for insureds, commercial property brokers say, as clients begin to see rate reductions at renewals …

Commercial Property 245

Commercial Property Commercial Broker Property Insurance 245

Insurance Journal

MARCH 14, 2025

Specialty insurer Beazley appointed Lindsay Shipper as head of commercial property, North America, effective April 1. She will report to Richard Montminy, group head of property risks, and will be based in Atlanta. Shipper brings close to two decades experience …

Commercial Property 242

Commercial Property Commercial Risk Insurance 242

Insurance Journal

AUGUST 6, 2024

All major commercial lines premium renewal rates were higher in July than in June, except commercial property which decreased, according to the latest monthly Ivans Index. Year over year, commercial auto, business owners, general liability, commercial property and umbrella experienced …

Commercial 271

Commercial Commercial Property General Liability Liability 271

Protect Commercial Insurance

JUNE 6, 2025

Introduction When it comes to safeguarding your UK small business, one crucial aspect is often overlooked: commercial property insurance. Understanding Commercial Property Insurance Commercial property insurance is an essential safety net for small businesses in the UK. But what exactly does it entail?

Commercial Property 52

Commercial Property Property Insurance Commercial Business Interruption 52

Insurance Journal

AUGUST 7, 2024

All major commercial lines premium renewal rates were higher in July than in June, except commercial property which decreased, according to the latest monthly Ivans Index. Year over year, commercial auto, business owners, general liability, commercial property and umbrella experienced …

Commercial 260

Commercial Commercial Property General Liability Liability 260

Property Insurance Coverage Law

JUNE 3, 2025

When vandals triggered a sprinkler system in a vacant building, flooding it with over one million gallons of water, the result was not just property damage. Instead, it was a lawsuit that put the scope of all-risk commercial property insurance under scrutiny. The case ofEpperson v.

Commercial Property 189

Commercial Property Property Damage Property Insurance Commercial 189

Insurance Journal

AUGUST 20, 2024

Commercial property/casualty premium increases in the second quarter 2024 were flat or down from the previous quarter for all lines of business—evidence of a softening insurance market, according to The Council of Insurance Agents & Brokers (CIAB) quarterly survey. Premiums …

Commercial 279

Commercial Commercial Property Broker-Agent Premium 279

Insurance Journal

MAY 12, 2025

QBE North America today announced the launch of its new commercial property product, providing custom solutions for comprehensive coverage to large companies across the United States. Combining deep, industry-leading expertise with a commitment to customer service excellence, the new commercial …

Commercial Property 158

Commercial Property Commercial 158

Protect Commercial Insurance

APRIL 11, 2025

Navigating the world of insurance can feel overwhelming, especially when it comes to understanding commercial property insurance. This friendly guide will walk you through the essentials of commercial property insurance, helping you protect your business premises and assets with confidence. Let’s dive in!

Commercial Property 52

Commercial Property Property Insurance Commercial Insurance 52

Insurance Journal

DECEMBER 5, 2024

Most major commercial lines premium renewal rates were higher month over month, except general liability, which remained consistent with October and Commercial Property and Workers’ Compensation which saw a decrease, according to the November 2024’s results of the Ivans Index.

Commercial 264

Commercial General Liability Commercial Property Liability 264

Tosten Marketing

FEBRUARY 27, 2025

Water damage can wreak havoc on commercial properties, leading to costly repairs and business disruptions. Commercial property insurance water damage coverage is a complex topic with many nuances. What Water Damage Does Commercial Property Insurance Cover? What Water Damage Isn’t Covered?

Commercial Property 52

Commercial Property Property Insurance Damage Commercial 52

Insurance Journal

JULY 21, 2024

Risk Strategies named Troy Bagwell commercial lines leader for the West region. Bagwell, who is based in Los Angeles, is responsible for building and executing the regional strategy for the commercial property/casualty business segment. Bagwell joins Risk Strategies from Panorama …

Commercial 264

Commercial Risk Commercial Property Building 264

Insurance Journal

OCTOBER 21, 2024

Korea branch, a license to operate in Seoul and begin selling commercial property/casualty insurance throughout Korea. “Korea is one of the largest commercial … Starr Insurance reported that South Korea’s Financial Services Commission has granted Starr International Insurance (Singapore) Pte.

License 264

License Commercial Commercial Insurance Commercial Property 264

Property Insurance Centre

MAY 19, 2025

Commercial Property Owners Insurance Specialists, Est. 1976 [link] Listen to Commercial Property Owners Insurance explained by one of our directors/p> What Is Commercial Property Owners Insurance? Having adequate insurance cover for your Commercial Building is essential.

Commercial Property 52

Commercial Property Commercial Insurance Insurer 52

Insurance Journal

NOVEMBER 21, 2024

According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes rose … Respondents of a recent survey reported lower premium increases for all lines of business except umbrella during the third quarter.

Premium 246

Premium Commercial Broker-Agent Commercial Property 246

Property Insurance Centre

FEBRUARY 10, 2025

What Perils Are Covered by Commercial Property Insurance? Commercial property insurance is essential for businesses to protect their assets from unforeseen events. But what exactly does commercial property insurance cover?

Commercial Property 52

Commercial Property Property Insurance Commercial Boiler and Machinery 52

Insurance Journal

JUNE 13, 2025

Oklahoma lawmakers this legislative session passed a bill limiting post-loss assignment of benefits for property damage under auto, residential or commercial property insurance policies. House Bill 1084 prohibits the solicitation or acceptance of an assignment of any post-loss insurance benefit …

Property Damage 147

Property Damage Damage Commercial Property Commercial 147

Insurance Journal

MAY 19, 2025

According to The Council of Insurance Agents & Brokers (CIAB) quarterly survey, commercial property/casualty premiums across all account sizes in the first quarter 2025 rose by 4.2%down down 22% from the last three months of 2024 and a “clear” signal of …

Commercial 192

Commercial Broker-Agent Commercial Property Insurance Agents 192

Insurance Journal

JUNE 1, 2025

By Allen Laman As commercial property insurance rates moderate, the value and relevance of captive insurance companies isn’t expected to fade away. A panel of experts discussed the state and evolution of the captive sphere during a presentation at the …

Commercial Property 130

Commercial Property Commercial Property Insurance Insurance Companies 130

Insurance Journal

SEPTEMBER 2, 2024

Landlords for offices, apartment complexes and other commercial real estate have $1.5 trillion of debt due by the end of next year, and about a quarter of that borrowing could be hard to refinance, according to Jones Lang LaSalle Inc.

Commercial 316

Commercial Commercial Property 316

Insurance Journal

OCTOBER 24, 2024

Commercial insurance rates during the third quarter in the U.S. According to Marsh’s Global Insurance Market Index — which noted the first decline in global commercial rates since the third quarter 2017 — … increased 3%, with casualty rates up 10%.

Commercial Insurance 289

Commercial Insurance Commercial Insurance Insurer 289

Property Insurance Coverage Law

MARCH 6, 2025

The case ofAcademy Bank NA v.AmGuardInsurance Company 1 provides a compelling example of how Missouri courts handle bad faith and vexatious refusalclaims, not just forresidential and commercial property owners butalsoforbanks … The post Bad Faith and Vexatious Refusal in Missouri appeared first on Property Insurance Coverage Law Blog.

Commercial Property 138

Commercial Property Policyholder Commercial Property Insurance 138

Insurance Journal

AUGUST 30, 2024

The Texas Department of Insurance will hold two public meetings in September on the Texas Windstorm Insurance Association’s annual rate filing increase of 10% for residential and commercial properties. TDI will host a meeting on Monday, Sept. 23 in Galveston …

Commercial Property 299

Commercial Property Commercial Insurance Insurer 299

Insurance Journal

JULY 17, 2024

The commercial property insurer on July 17 unveiled its new name and “titanium” logo at the company’s midyear meeting. FM Global said it will now be known simply as FM. “We believe that by uniting our businesses under the FM …

Commercial Property 262

Commercial Property Commercial Property Insurance Insurance 262

Insurance Journal

OCTOBER 25, 2024

Eligible commercial property insurance clients of FM will receive a share of $400 million in what the insurer calls a “resilience credit” to be put toward climate mitigation solutions. This is the third resilience credit allocated since FM announced the …

Commercial Property 259

Commercial Property Commercial Property Insurance Insurance 259

Insurance Journal

OCTOBER 8, 2024

who now works for billionaire climate investor Tom Steyer, says commercial real estate deals will increasingly need to price in rising insurance costs, as hurricane seasons get more destructive … Joseph Sumberg, a former managing director at Goldman Sachs Group Inc.

Commercial 278

Commercial Risk Insurance Insurer 278

Insurance Journal

OCTOBER 6, 2024

Broker WTW said commercial lines insurance rates increased overall by an average of 5.9% Quarterly price increases have been around 6% since the end of the global pandemic, WTW reported in its Commercial Lines … during the second quarter of 2024.

Commercial Property 130

Commercial Property Commercial Broker Insurance 130

Insurance Journal

JANUARY 17, 2025

The Louisiana Citizens Property Insurance Corporation (Louisiana Citizens) Board of Directors voted last week to end the 1.36% assessment it makes on all residential and commercial property insurance policies in the state in April of this year. The assessment, which …

Policy 278

Policy Commercial Property Property Insurance Commercial 278

Insurance Journal

AUGUST 8, 2024

Increased flooding in Britain from overflowing rivers and blocked drains is leading insurers to pull back from offering cover, particularly for commercial properties and residential landlords, industry representatives say. London was among British cities hit by flash floods last week …

Commercial Property 278

Commercial Property Commercial Insurance Insurer 278

Insurance Journal

OCTOBER 16, 2024

The Pennsylvania Supreme Court has let stand a state appeals court ruling that tackled for the first time what is meant by “your computers” under electronic data coverage in a commercial property policy. The case involves claims by Bible video …

Commercial Property 274

Commercial Property Claim Commercial Policy 274

Property Insurance Coverage Law

MARCH 6, 2025

The case ofAcademy Bank NA v.AmGuardInsurance Company 1 provides a compelling example of how Missouri courts handle bad faith and vexatious refusalclaims, not just forresidential and commercial property owners butalsoforbanks … The post Bad Faith and Vexatious Refusal in Missouri appeared first on Property Insurance Coverage Law Blog.

Commercial Property 124

Commercial Property Policyholder Commercial Property Insurance 124

Insurance Journal

OCTOBER 21, 2024

State-sponsored residual property markets have seen in influx of risks come in since 2018, with some states growing by more than 200%. According to insurance industry ratings firm AM Best, the policy counts of personal and commercial property Fair Access …

Policy 264

Policy Commercial Property Commercial Insurance Industry 264

Insurance Journal

MAY 12, 2025

Commercial property insurer FM announced an enhanced $1 billion membership credit for eligible mutual policyholders, allowing client-owners to receive more credit sooner. Johnston, Rhode Island-based FM said May 5 that with this year’s credit, FM will have returned more than …

Commercial Property 253

Commercial Property Policyholder Commercial Property Insurance 253

Insurance Journal

JULY 24, 2024

NFP, an Aon company and property and casualty broker, benefits consultant, wealth manager and retirement plan advisor, announced the acquisition of Southern Insurance Agency LLC (SIA), a commercial property and casualty broker located in New Orleans. Louis Faust, founder and …

Insurance Agency 261

Insurance Agency Commercial Property Broker Commercial 261

Insurance Journal

OCTOBER 3, 2024

Brown & Brown announced the acquisition of the assets of The Canopy Group, a a multiline insurance agency focusing primarily on personal lines and commercial property and casualty for small businesses. Based in Le Sueur, Minnesota, The Canopy Group serves …

Commercial Property 260

Commercial Property Commercial Insurance Agency Insurance 260

Insurance Journal

JANUARY 13, 2025

has agreed to acquire CAPE Analytics, which provides geospatial AI intelligence for residential and commercial properties. Moody’s said the deal will create a property database capable of delivering instant, address-specific risk insights as it brings together Moody’s Intelligent … Moody’s Corp.

Commercial Property 264

Commercial Property Commercial Risk 264