: 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
: Consult AM Best ratings to assess a carrier's ability to pay out long-term claims. COMMERCIAL INSURANCE COMPANIES
Businesses typically secure a combination of the following to manage operational risk: : The Excess & Surplus market now accounts
: Protects against lawsuits involving bodily injury, property damage, or advertising injury (libel/slander). The commercial insurance market as of 2026 is
The commercial insurance market as of 2026 is characterized by a "hard market" transition, where pricing has exceeded loss costs in most lines over the last five years, though liability and medical malpractice remain challenging. Businesses are increasingly leveraging the Excess & Surplus (E&S) market , which has doubled in size since 2018 to fill coverage gaps left by traditional carriers.