
Commercial Insurance Forecast – Cloudy with A Chance of Premium Increase
When it rains it pours… If things aren’t bad enough, the insurance marketplace is following suit. We are seeing premium increases, many sizable, for more lines of insurance than we’ve experienced in recent memory. Along with the increases, we are also experiencing more restrictive coverage, minimum premium increases, lower limits and some carriers are even exiting certain markets altogether. But, there is reason for optimism! Now more than ever it’s important to have a ‘be