: Nonprofits are facing significant hurdles; approximately 70% of brokers report that carriers are non-renewing certain classes of nonprofits regardless of their loss history, often with premium increases of 25% or more .
: The Excess & Surplus market now accounts for 9% of the entire property and casualty sector, up from less than 5% five years ago, as specialized risks move toward non-admitted carriers. Essential Commercial Coverage Types
To evaluate the reliability of a commercial insurance company, experts recommend reviewing several data points provided by organizations like the National Association of Insurance Commissioners (NAIC) : COMMERCIAL INSURANCE COMPANIES
: Essential for managing costs related to data breaches, extortion, and cybercrime.
: Consult AM Best ratings to assess a carrier's ability to pay out long-term claims. : Consult AM Best ratings to assess a
: Commercial insurers have seen steady growth, with the median combined ratio for personal lines reaching a highly profitable 89.2% entering 2025. However, casualty-exposed insurers are seeing weakening underwriting profits due to rising litigation and settlement costs.
: Review recent J.D. Power rankings for small business satisfaction and claims experience. Strategies for Reducing Premiums Commercial Insurance | The Hartford : Review recent J
: Protects against lawsuits involving bodily injury, property damage, or advertising injury (libel/slander).