Rates are steady in the Commercial Multi-Peril market, and are falling in some cases. Coverage is broader, and several insurers have added Cyber insurance to packages that already include Property, General Liability and, depending on the insurer, Marine, Crime and Auto.

By and large, insurance buyers will find a more favorable rate environment these days when renewing their General Liability coverage. Even problematic risks likely will not face the double-digit rate hikes they have had to accept in recent years.

The Auto market is looking to enter 2015 on cruise control, which is not necessarily the best news. Pricing remains relatively flat, the chances of negotiating rate cuts are slim, claims severity is increasing on certain fronts, additional competition is entering the market, and the need to underwrite risks carefully...

The excess & surplus lines market has never been healthier, but rate competition can be fierce for clients large and small.

In the wake of the latest market correction toward softer conditions, some surplus lines experts are suggesting that hard insurance markets are not what they used to beand in fact, may never be the same again.

In the wake of the latest market correction toward softer conditions, some surplus lines experts are suggesting that hard insurance markets are not what they used to beand in fact, may never be the same again.

Non-admitted underwriters are seeking across-the-board rate hikes for property & casualty risksand are covering more risks as standard lines insurers continue to shed unwanted business. Yet the surplus lines market has not entered the hard phase of the market cycle. Not even the massive insured property catastrophe losses stemming from...

Non-admitted underwriters are seeking across-the-board rate hikes for property & casualty risksand are covering more risks as standard lines insurers continue to shed unwanted business. Yet the surplus lines market has not entered the hard phase of the market cycle. Not even the massive insured property catastrophe losses stemming from...