
Happy Wednesday! In this week’s Big I Buzz: the second quarter P&C outlook is a mixed bag, while the commercial property market is in a “better place.”
Second Quarter P&C Outlook is a Mixed Bag
The P&C insurance market is facing a cautious second quarter, with optimism held in check by concerns over nuclear verdicts, natural catastrophes, and the lingering effects of tariffs. Carriers are continuing to tighten underwriting standards, while also turning to new tech like satellite imagery to better assess risk. Read more here.
Today’s Commercial Property Market in ‘Better Place’ Brokers Assess 4 Current Trends
The commercial property market is starting to stabilize, with more rate decreases showing up for accounts with favorable loss histories. Increased competition is helping to drive pricing down, though tough conditions remain for properties exposed to wildfires, vacancies, or prior claims. Read more here.
For more news, check out the Action News section of our weekly e-newsletter, Big I Buzz. If you aren’t subscribed, click here to add your email to our emailing list.