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Commercial Lines
The core coverages businesses buy.
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Latest in Commercial Lines
Florida renters catch a break as nearly 122,000 policies get a 12.8% rate cut
2+ day, 8+ hour ago (416+ words) Current customers are likely to see the lower rates on different timelines. Florida renters squeezed by housing costs will soon get relief on one monthly bill. Florida Insurance Commissioner Mike Yaworsky has approved a sizable cut to renters insurance rates…...
Businesses will be insured against the risks of repeated destruction: the state is ready to cover the first $10 million of losses
3+ day, 14+ hour ago (790+ words) For a Ukrainian entrepreneur today, it is not enough just to restore destroyed production. Even if the enterprise has resumed operations, the question remains: what if the next missile strike again destroys equipment, warehouse, or production building? And most importantly…...
Double-digit property reinsurance cuts expected in 2027: Moody’s
1+ week, 11+ hour ago (77+ words) businessinsurance.com Double-digit property reinsurance cuts expected in 2027: Moody’s About 38% of reinsurance buyers expect portfolio-wide property reinsurance prices to fall between 7% and 15% next year, while nearly a fifth expect declines of more than 15%, according to Moody’s Ratings, Reinsurance News reported....
How much does it cost to insure an apartment against drones and missiles in…
1+ week, 5+ day ago (421+ words) Protecting homes from the effects of military operations remains one of the most pressing issues for Kyiv residents amid the intense shelling of recent weeks. Insurance costs on the market vary significantly, ranging from 18,000 hryvnias for fixed coverage limits to…...
Florida property insurers move from recovery to rate competition
2+ week, 15+ hour ago (522+ words) Florida’s property insurance recovery is beginning to translate into sharper competition, with more carriers seeking rate reductions as private capacity rebuilds after years of insurer failures, rising reinsurance costs and heavy litigation. Morningstar DBRS said Citizens Property Insurance Corporation’s policies…...
Large commercial accounts see first price drop since 2017, WTW finds
4+ week, 15+ hour ago (355+ words) Large commercial accounts posted their first price decrease since the end of 2017 in the second quarter of 2026, according to WTW's Commercial Lines Insurance Pricing Survey (CLIPS), as an eight-year run of sustained rate increases continued to unwind across the commercial…...
Ivans Index flashes ever-faster slowdown in US commercial insurance
4+ week, 1+ day ago (122+ words) Intelligent Insurer - Ivans Index flashes ever-faster slowdown in US commercial insurance US commercial insurance price growth came down in August at a pace not seen since January, with all five of the major lines still enjoying growth declining at roughly…...