News and information for property & casualty insurance agents and brokers on commercial lines insurance, including commercial property, D&O, E&O, Environmental, construction, employee practices liability, EPLI, business owners’ policy (BOP), general liability, crime, business interruption, cyber, equipment breakdown insurance, workers’ compensation, employee benefits, small business insurance, medical malpractice, fire and flood coverage, among other important types of coverage.
Declining premium revenues, lower rates, underwriting volatility and litigation led to this hardening, Fitch Ratings says.
