Industry News
Navigating California’s Hardening Marketplace
Author, Casey Craig, Account Executive, Rancho Mesa Insurance Services, Inc.
California’s insurance market has shifted dramatically in recent years, creating challenges for both carriers and insureds. While premium increases are often the most visible sign of a hard market, the underlying issues are far more complex.
Navigating the Hard Market in Tree Care Insurance: What Business Owners Need to Know
Author, Rory Anderson, Partner, Account Executive, Rancho Mesa Insurance Services, Inc.
The tree care industry has always carried a unique set of risks, but in today’s insurance climate, business owners are facing challenges unlike anything they have seen before. What used to be a straightforward cost of doing business has evolved into one of the more complex and expensive aspects of running a company. Nearly every major coverage line is feeling rate pressure, stricter underwriting standards, and fewer carriers willing to take on the exposure.
Four Areas of Focus for Landscape Contractors During A Hard Insurance Market
Author, Drew Garcia, Vice President, Landscape Group, Rancho Mesa Insurance Services, Inc.
The property and casualty insurance market continues to impact landscape contractors resulting in increased costs, changes to carrier appetites, and overall concerns for insurability. There are four areas of focus your business can review to help manage the things that are somewhat unpredictable during this difficult insurance market
A Hardening Insurance Market for Non-Profits-Steps to Prepare for the 2025 Renewal Process
Author, Sam Brown, Vice President, Human Services Group, Rancho Mesa Insurance Services, Inc.
Non-profit and human services leaders started experiencing a hardening property and casualty insurance market in 2024 illustrated by reduced limits of liability, higher deductibles, and increased premiums. And, the market shift still may not have been enough to right the ship.
Excess/Umbrella Rates Experiencing Alarming Price Jump
Author, Sam Clayton, Vice President of the Construction Group, Rancho Mesa Insurance Services, Inc.
As if the 2020 business landscape has not already been challenging enough, a hard market for excess/umbrella is occurring at a concerning rate, resulting in rising premiums, limited capacity and a restriction in terms and conditions.