New exclusions and rate shifts challenge agents to find competitive options
The US casualty insurance market is entering a complex phase, characterized by rising claims inflation driven by escalating litigation costs and increased severity of claims. Tightening capacity, particularly at the lead level, is further complicating the landscape.
According to Risk Placement Services (RPS) area executive vice president Russ Stein (pictured above), while capacity is constrained at the lead level, it becomes more available at higher attachment po