Liability Risk and Insurance
Challenging casualty market in the US
Challenging is the best way to describe the current state of the casualty market in the US, according to insurance brokerage
firm Lockton. Other than workers’ compensation, the casualty marketplace is working to return to profitability with the umbrella
and excess casualty space seeing the most abrupt market shifts. However, challenging doesn’t mean unmanageable, said Lockton.