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McGriff Market Update: Spring 2024


The Property insurance market began stabilizing in 2024 due to significant rate increases over the past several years, with reinsurers cautiously expanding their capacity and appetites. The Commercial Auto market continues to be challenging for most accounts with a heavy fleet exposure.

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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