Matt Krull’s Post

Check out the latest in property & casualty in the CBIZ Commercial Lines Market Trends Report. Here are some highlights: - Commercial property and casualty insurance premiums prices have risen an average of 8.1% 📈 - Commercial property rates continued to soar at an average of 17.1% 📈 - The demand for D&O coverage remained stable ↔️ #propertyandcasualty #commerciallines

Check out the latest in property & casualty in the CBIZ Commercial Lines Market Trends Report. Here are some highlights: - Commercial property and casualty insurance premiums prices have risen an average of 8.1% 📈 - Commercial property rates continued to soar at an average of 17.1% 📈 - The demand for D&O coverage remained stable ↔️ #propertyandcasualty #commerciallines

Check out the latest in property & casualty in the CBIZ Commercial Lines Market Trends Report. Here are some highlights: - Commercial property and casualty insurance premiums prices have risen an average of 8.1% 📈 - Commercial property rates continued to soar at an average of 17.1% 📈 - The demand for D&O coverage remained stable ↔️ #propertyandcasualty #commerciallines

Check out the latest in property & casualty in the CBIZ Commercial Lines Market Trends Report. Here are some highlights: - Commercial property and casualty insurance premiums prices have risen an average of 8.1% 📈 - Commercial property rates continued to soar at an average of 17.1% 📈 - The demand for D&O coverage remained stable ↔️ #propertyandcasualty #commerciallines

Assessing commercial roofs and their related risks is crucial for property insurance carriers due to the substantial impact roof damage can have on claims and overall business unit performance. CAPE’s commercial-specific Roof Condition Rating model is trained on commercial rooftops and their associated losses, providing significant loss-predictive power for rating and underwriting plans. #insurance #riskassessment #propertyintelligence

Take a look at the recent updates on property & casualty in the Commercial Lines Market Trends Report by CBIZ. Here are a few key points: - The average increase in commercial property and casualty insurance premium prices was 8.1% 📈- Commercial property rates experienced a significant rise, with an average increase of 17.1% 📈 - The demand D&O coverage remained steady ↔️ #propertyandcasualty #commerciallines

New insights from the American Property Casualty Insurance Association (APCIA) reveal Q2 as a tough quarter for the industry. 📊 Mounting underwriting losses led to the lowest net income since 2011. Challenges like claims cost increases, extreme weather events, and regulatory resistance significantly impact insurers. 🌪️💼 Despite a strong balance sheet, the combined ratio hit 106.5%, tying with Q3 2022 for the worst since 2011. Personal and commercial auto lines face pressure, with personal auto losses up 12.3% in the first half of 2023. 🚗💥 Stay informed as the industry navigates these hurdles. #InsuranceIndustry #RiskManagement #WIA

Discover the hidden risks of balcony fires in apartment buildings and how our team at WSRB can help insurers identify potential exposures quickly. Protect your book of business! #FireSafety #Insurance #RiskManagement

Roof damage? We got you covered. #claimlife #getmore #publicadjuster #goldstaradjusters #kingofclaims #roof #claim #neversettleforless #property #insurance #ProtectTheInsured #realestate

A short and worthwhile read.