Category: White Papers
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McGriff Market Update: Q3 2025
Summary As part of our commitment to keeping you updated on market conditions that may impact your business, we invite you to view and download our Q3 2025 Market Update. Here we distill key trends, highlight emerging risks and opportunities, and offer context to support strategic, long-term planning. Read the Market Update (PDF)
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Compliance Q&A: What is the “Excepted Benefit” status and why does it matter?
Summary The determination of whether a particular benefit may be “excepted” is important when structuring a particular solution – such as an FSA, EAP, or a carve-out point solution – to ease a plan sponsor’s compliance with laws such as HIPAA, the ACA, and MHPAEA. Click below to read more on excepted benefit status, why…
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Use of Shared Risk and Negotiated Risk Agreements in Senior Living
Summary Balancing resident independence with safety is a key concern in senior living communities. Shared and negotiated risk agreements have emerged as valuable tools to empower residents to make informed choices about their independence while ensuring appropriate safety measures are in place. However, the effectiveness of these agreements depends not only on their initial implementation…
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Taking More Risk: How Growing Companies Optimize Insurance Costs
Summary As businesses grow, their needs for and opportunities with commercial insurance purchases change. Often the growth leads a firm to take more risk over time. As with other forms of capital, insurance capital affects both risk and reward: there may be an opportunity for cost savings, but that opportunity comes with greater risk. This…
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McGriff Market Update: Q2 2025
Summary With the exception of Commercial Auto and Umbrella, all other insurance lines showed lower premium increases in Q1 2025 than in the last quarter of 2024, signaling softened market conditions, according to the most recent report from The Council of Insurance Agents & Brokers (CIAB). Read the Market Update (PDF)
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Weathering the Storm 2025
Summary 2024 brought another active year for weather and climate disasters in the United States. There were 27 confirmed disaster events exceeding $1 billion according to NOAA’s National Centers for Environmental Information (NCEI). These disasters caused at least 568 direct or indirect fatalities, which is the eighth highest for billion-dollar disasters over the last 45…
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Large Verdicts and Settlements
Summary The insurance market continues to be challenging, with persistent rate increases and rising claims costs. Third-party litigation funding, anti-corporate bias, and nuclear verdicts are exacerbating claims severity in the industry. Read this detailed summary of key verdicts from 2020-2025. Read the Summary (PDF)
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McGriff Market Update: Q4 2024
Summary The overall Property and Casualty insurance market continued to stabilize throughout 2024, with most rate increases continuing to decelerate year over year. This includes the Commercial Property market, even post Helene/Milton, as insured losses continue to accumulate. The Umbrella market is an outlier, with higher rate and premium increases and reduced capacity for the…
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Strategies to optimize your property program – 2024 Property Market Update
Summary The property insurance market outlook for 2024 has shown signs of improvement with decelerated rate increases as compared to the last several years. This comes as positive news amid insureds’ fatigue of significant rate increases over multiple years, particularly in 2023, as insureds saw large jumps in their property insurance costs. Rate increases in…
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Weathering the Storm 2024
Summary According to the National Oceanic and Atmospheric Administration (NOAA), the 2023 Atlantic hurricane season ranks fourth for most named storms since 1950. There were 20 named storms, seven hurricanes, and three major hurricanes.¹ In addition, 2023 broke multiple weather and climate records, including the warmest July on record, highest monthly sea temperature, and first…