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McGriff Market Update: Fall 2022

Summary

Inflation has begun to take a toll on the insurance market, and for many policyholders this likely means higher property and casualty premiums during renewals this winter. While the market remains hard for the most part, prices will, as per usual, depend on each insured's loss experience and mitigation efforts.

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Insurance products and services offered through McGriff Insurance Services, Inc., a subsidiary of Truist Insurance Holdings, Inc., 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, Inc. CA License #0C64544