PERSONAL INSURANCE UPDATES
KEY MARKET DRIVERS
Home hardening is now a standard underwriting expectation in CAT-prone areas.
Risk mitigation efforts are driving improved terms, capacity, and pricing for qualified risks.
The gap between attritional and catastrophic losses is widening.
Flood Insurance demand is increasing, particularly for highvalue homes exceeding traditional limits.
Coverage structures continue to evolve to address higher property values and complex exposures.
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The E&S market plays a critical role in supporting Personal risks with complex profiles, including coastal properties, new construction, and high-value homes.
Kate Wright Vice President Senior Regional Practice Group Leader Personal Insurance Burns & Wilcox, Indianapolis, IN
TIPS FOR BROKERS
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