Policyholders Beware: Maximizing Commercial Property & Casualty Insurance in a Steadily Hardening Market - Part II

Today on “Don't Take No for An Answer,” Eric Jesse and Heather Weaver of Lowenstein Sandler's Insurance Recovery Group continue their discussion about the property and casualty insurance market. With guests Josh Weisberg, Chief Risk Officer at SterlingRisk, and Brad Barron, partner and managing Deputy General Counsel at Conner Strong & Buckelew, Eric and Heather explore how insurers are reacting to challenging market conditions including inflation and supply chain delays, and the increased claims arising therefrom. They explain the shift from blanket limits in commercial property insurance towards the increased use of sublimits, larger deductibles, and co-insurance; where there may be room for pushback and negotiation with the insurers; and what policyholders may expect in the future from possible rate increases to a more stringent underwriting process. 

Speakers:

Eric Jesse, Partner, Insurance Recovery
Heather Weaver, Counsel, Insurance Recovery
Bradford Barron, Partner, Managing Deputy General Counsel, Conner Strong & Buckelew LLP
Josh Weisberg, Chief Risk Officer, Sterling Risk Insurance