The US Casualty insurance market is entering a challenging phase, with insurers grappling with rising claims inflation driven by escalating litigation costs and increased severity of claims, alongside tightening capacity. While capacity is particularly tight at the lead level, it becomes more readily available at higher attachment points, according to RPS Area Executive Vice President Russ Stein. Despite these constraints, there are opportunities for agents willing to explore beyond traditional markets, with new market entrants creating rate stabilization and better pricing options.

The 2024 US Casualty Market Outlook provides valuable insights to help clients navigate these challenges, ensure smooth renewals for the rest of the year and prepare for what lies ahead in 2025.

Learn key insights from the 2024 US Casualty Market Outlook:

  • The effect of rising claims inflation and litigation costs
  • Increasing risks in the court of public opinion
  • The impact of capacity constraints on the market
  • Deep dive into various sub segments, including habitational and construction

Get the full 2024 US Casualty Market Outlook to learn more.

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