Archive for January 2024
Navigating the 2024 Commercial Property Insurance Market | Property & Casualty
Since 2017, the commercial property insurance market has demonstrated persistent premium increases. Although there were indications of rate moderation in 2022, predominantly within single digits, it proved temporary. Industry data shows a substantial surge in Q1 2023 premiums at an average 20.4% increase. This marks the first time in two decades that the segment experienced…
Read MoreThe Housing Affordability Crisis Has Gone Global
An International Trend Finding affordable housing in the U.S. is a challenge complicated by insufficient housing stock that hasn’t kept up with demand, migration patterns, and the high borrowing costs that came in the wake of the Federal Reserve’s fight against inflation. But Americans aren’t alone in this struggle. Across the globe, it’s becoming increasingly…
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