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Notes from Commercial Insurance Industry Q2-Q3 Market Update
July 26, 2024
1. Flat to Moderate Rate Decreases: After several years of sharp rate hikes, the property insurance market is showing signs of stabilization. Many accounts are…
Let’s Talk About Multifamily Insurance.
March 6, 2024
Michael Payne Insuring Multifamily Projects | Asset Manager Specializing in Risk Management for Multifamily Professionals 4 articles March 6, 2024 For years, premiums didn’t reflect…
Multifamily Owners: Optimizing Business Income Coverage for a Shifting Market
February 20, 2024
As the multifamily rental market evolves, navigating risk protection strategies shouldn’t be overlooked.While we’ve enjoyed strong revenue streams over the past several years, current trends…
Multifamily Owners – New Casualty Insurance Program Alert!
February 20, 2024
– Exclusively available through Pathfinder: We’ve partnered with a new, top-tier, casualty insurer with AM Best rating: A- Excellent.- Clean Form Coverage: Broader protection without restrictive exclusions…
Multifamily Investors: Are You Overpaying for Insurance?
February 19, 2024
As a multifamily investor, managing risk is essential, but it shouldn’t come at the cost of overpaying for unnecessary coverage. That’s where Probable Maximum Loss…
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Understanding Your Insurance Policy: Striking a Balance Between Obligation and Prudence
December 7, 2023
Written by Jason Hall, Executive Vice President, Pathfinder Insurance Group As an apartment community owner or manager, you are responsible for maintaining a safe and…
MULTIFAMILY INSURANCE MARKETS STILL HARDENING IN 2020
June 13, 2023
A spate of recent natural disasters and a changing civil litigation environment have set the multifamily insurance market on a course for rising rates, lower…
CORONAVIRUS DISEASE (COVID-19) AND PROPERTY INSURANCE: WHAT YOU NEED TO KNOW
June 13, 2023
From the Houston Rodeo to American Airlines, the casualty list of organizations hit by the coronavirus disease (COVID-19) grows daily. In the multifamily space, COVID-19…
INSURANCE RATES FOR MULTIFAMILY PROPERTIES AREN’T COMING DOWN. HERE’S HOW TO ADAPT
June 13, 2023
Long before COVID-19, change was afoot for multifamily property holders. A hard market made the typical approach to lowering insurance costs obsolete, and owners saw margins decrease as…
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