Third Quarter Insurance
Habitational and transportation risks were hammered again by rate increases in the third quarter, leading average
rate growth at 6% and 7.5% respectively. Habitational risks have been hit especially hard during 2019 as
CAT losses in the Southeast and Gulf Coast, combined with wind and hail losses across the Midwest over the last
18 months drove through primary retentions and impacted pricing in the reinsurance market, costs that
are now beginning to trickle down to insureds.
IMA was recently recognized as one of the “Best Entrepreneurial Companies in America” by Entrepreneur magazine’s Entrepreneur360™ ranking,...
- We are excited to announce that IMA has moved up to the 27th largest broker in the US. The 100 largest brokers are compiled by ... read more
- IMA was recently recognized as one of the “Best Entrepreneurial Companies in America” by Entrepreneur magazine’s Entrepreneur360 ranking, a premier study delivering the most comprehensive analysis of private ... read more