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Spring 2021 Real Estate & Hospitality Newsletter

About the newsletter

May 7, 2021

At this time just a year ago, the world changed in ways we could not foresee. Businesses and schools closed with little notice, and COVID-19 seemed an unescapable threat. Not surprisingly, insurance markets appear to be taking the same cautious approach, including the cyber insurance market. In this newsletter, our cyber team outlines the unique and increasing cyber threats posed to the multi-family, hospitality, and gaming industries. As expected, property and casualty market conditions continue to harden, and many clients are seeing increases across these coverage lines, especially for umbrella/excess liability. We continue to rise to the challenge by collaborating with our clients to offer underwriters detailed renewal submissions and to analyze this data to provide a thoughtful client “story.”

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Insurance products and services offered through McGriff Insurance Services, LLC, a subsidiary of TIH Insurance Holdings, LLC, are not a deposit, not FDIC insured, not guaranteed by a bank, not insured by any federal government agency and may go down in value.

McGriff Insurance Services, LLC. CA License #0C64544