How the changing weather impacts your personal insurance
The personal insurance landscape has been undergoing significant changes in recent years, with rising rates, evolving regulations impacting policyholders, and carriers withdrawing from states across the country.
This webinar will delve into the key market trends that can affect insurance coveraeg availability and rates including:
Rising personal insurance rates: Discover factors behind rate increaes, such as natural disasters, auto losses, and liability verdicts.
Capacity shortage and coverage availability: Learn about challenges homeowners face due to limited coverage availability.
Future market outlook: Gain insights intothe projected market conditions for 2024 and beyond, including expected rate increases and potential market softening.
Record-Breaking Natural Disasters: Understand the impact of the record number of billion-dollar disasters in 2023, the dire forecast for 2024, and how crucial it is for policyholders to understand the implications and take proactive steps to protect their homes and assets.
Reinsurance Rates and Market Balance: The recent shift in reinsurance rates can play a significant role in determining policy premiums.
The webinar will also address tips for policyholders to help you navigate the current market challenges.
Speakers:
Jennifer Smith, Midwest Zone Client Advisory Leader, Marsh McLennan Agency, Private Client Services
Jonathan Porter, Senior V.P., Weather Content and Forecast Operations and Chief Meteorologist, AccuWeather
