Commercial Property Insurance – 2022 Midyear Market Outlook
The commercial property insurance market has hardened in recent years, with consistent rate increases since the third quarter of 2017. These rate increases were evident in the beginning of 2022,
... continued.2022 Commercial Auto Insurance Market Outlook
2022 Price Prediction Overall: +10% to 25% Over the past decade, the commercial auto space has been largely unprofitable for insurance carriers. According to a recent report from AM Best,
... continued.Commercial Property Insights: Aging Noncombustible Construction
A building’s pre-engineered metal is an important factor in determining the longevity of a building. Noncombustible construction (ISO type 3) uses minimal combustible materials in the framework. In this type
... continued.Commercial Property Insights – Sprinkler System Failures
When it operates correctly, your commercial property’s sprinkler system can play a vital role in suppressing a fire. According to a recent report from the National Fire Protection Association (NFPA),
... continued.Commercial Property Insurance Rating
Understanding the outside factors that impact your commercial property insurance can be complicated, particularly for those with little to no knowledge of what goes into the underwriting process. While the
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