Spiking rates are a ‘tale of two worlds’ for P&C carriers: Burns & Wilcox panel
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Spiking rates are a ‘tale of two worlds’ for P&C carriers: Burns & Wilcox panel

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As conditions firm in the wholesale insurance market, some carriers are cutting capacity in the binding market while others look to capitalize on rate increases, according to a panel of Burns & Wilcox executives.

During the wholesale broker’s Eye on Q4: Specialty Insurance Overview webinar, Bryant Steele, a senior vice president and managing director at Burns & Wilcox, said: “When you look at the carriers, there’s a ton of new entrances, and then...

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