Captives to Remain Viable as Market Softens: RIMS Panel May 19, 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...
More Than 200 Firefighters Battled Warehouse Blaze in Baltimore. No Injuries Reported May 14, 2025 More than 200 firefighters battled a massive blaze that broke out at a west Baltimore warehouse, disrupting Amtrak service in...
Markets/Coverages: QBE Starts New Commercial Property Product for Large Companies May 12, 2025 QBE North America today announced the launch of its new commercial property product, providing custom solutions for comprehensive coverage to...
Commercial Property Customers Cutting Insurance Corners Despite Risk May 9, 2025 As weather-driven catastrophes become more common and severe, commercial property owners and the agents who serve them are reassessing risks...
Massive Fire at Pennsylvania Aerospace Plant Prompts Evacuations February 20, 2025 Schools were closed and residents were ordered to shelter-in-place Tuesday after a large fire broke out at an aerospace manufacturer’s...
Chicago Construction Billionaire Deepens Bet on Data Centers January 15, 2025 By Miranda Davis Clayco, a Chicago-based builder led by billionaire Bob Clark, is positioning itself to grab for more of the boom in...
Commercial Property Market Stabilizing, With Ample Capacity: USI January 9, 2025 The commercial property market is showing signs of stabilization, and buyers with favorable risk profiles will see rate decreases or...
FM Makes Third ‘Resilience Credit’ With $400M for Clients October 25, 2024 Eligible commercial property insurance clients of FM will receive a share of $400 million in what the insurer calls a...
Marsh: US Commercial Insurance Rates Up 3% on Hikes in Casualty October 24, 2024 By Chad Hemenway Commercial insurance rates during the third quarter in the U.S. increased 3%, with casualty rates up 10%. According to Marsh’s...
Commercial Property Rate Stabilization Highlights Latest WTW CLIPS September 10, 2024 Broker WTW said commercial lines insurance rates increased overall by an average of 5.9% during the second quarter. Quarterly price...