This Just In …

After several years of relentless property insurance increases, many businesses are finally seeing the first signs of relief. A surge of global reinsurance capital—combined with a relatively quiet 2025 hurricane season—has improved capacity and softened pricing in many segments. For the first time since 2019, insurers are competing again for well managed property accounts.

But the relief is far from universal.

Carriers are drawing a sharp line between risks with strong controls and those with valuation or loss prevention gaps. Accounts with updated replacement cost valuations, documented maintenance, and credible CAT modeling are seeing flat renewals or even single digit decreases. In contrast, businesses with outdated property values, aging roofs, or secondary peril exposure are still facing increases or coverage restrictions.

Underwriters are also paying close attention to reconstruction cost accuracy. Even though inflation has cooled, materials and labor costs remain elevated, and insurers are pushing for more precise reporting. Businesses that haven’t updated their property schedules in several years may find themselves out of sync with carrier expectations.

What this means for your business: If your property program is well documented and proactively managed, this may be the best renewal environment you’ve seen in years. But if valuations or risk control measures need attention, now is the time to address them—before your next renewal cycle.

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In this issue:

This Just In ... After several years of relentless property insurance increases, many businesses are finally seeing the first signs of relief.

The Great Divergence: Why Property Is Softening While Liability Keeps Getting Harder

Commercial Auto Losses Keep Rising — What Businesses Can Do Now

Valuations Under the Microscope:Why Accurate Property Values Matter More Than Ever

Nuclear Verdicts: How Social Inflation Is Reshaping Liability Claims

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