The business of P&C insurance is right here

Practice Group


Practice Groups Property
2020 U.S. Property Market Outlook

Premium costs for commercial property insurance are expected to continue to be impacted through at least the first half of 2020, as more business flows into the excess & surplus lines market.

Now after record storm losses in 2017 and 2018, the standard market is pulling back on capacity and adjusting terms and conditions, affecting rates. The pace is expected to continue in the first and second quarters of 2020 until insurers return to profitability and more competition is introduced.

What can independent agents and brokers do to navigate the property market for their clients, and what is expected on the horizon for 2020?

Download the 2020 U.S. Property Market Outlook

Underwriters for both admitted and non-admitted insurers are under serious pressure to restore profitability to the property insurance market, especially for properties located in regions of the country exposed to hurricanes, tornadoes, hail, flooding and wildfires.

More scrutiny is also being placed on property valuations since replacement costs have been outpacing insured values throughout the U.S. for the last several years.

Many property owners are choosing to assume higher deductibles and self-insured retentions to make coverage more affordable. The resulting impact is affecting industries across the board.

How can agents and brokers prepare their clients for what may come next?

Download the 2020 U.S. Property Market Outlook


RPS Property Practice Group

We broker business to every viable property market and rank among the top five for production with the "key markets”, possess unparalleled expertise in establishing hard-to-place layered and shared property placements, and write in excess of $500 million in property premium volume annually.

When it comes to placing Property & Casualty coverage, RPS, a leading nationally focused wholesale insurance broker, knows the best markets and coverage terms to secure for your clients, reflected by the more than $2.9 billion of premium we place annually. We adhere to the highest professional and service standards, meeting the needs of our retail providers. Our goal is to continue to be “your wholesaler of choice.”

Property Product Lines
  • All-Risks
  • Florida Windstorm
  • Coastal Properties
  • California Earthquake
  • Builders’ Risks (including Renovations)
  • Deductible Buy-Backs and Wind + AOP
  • Excess Property
  • Flood Coverage (including A&V Zones)
  • DIC
  • Vacant Property
  • Inland Marine
  • Equipment Floaters
  • Ocean Marine & Cargo
  • Stand-alone
  • Terrorism
  • Auto Physical Damage
  • Motor Truck Cargo

Let's Get in Touch

Please feel free to get in touch with us any time regarding our products and services.  We love to receive feedback from our customers.

Knowledge Center

Showing 1 - 6 of 34

The Top 5 Ways to Prepare for a Tornado

A tornado is defined as “a violently rotating column of air that extends from a thunderstorm and comes into contact with the ground,” according to the…

Beware the Patent Trolls: Why You Need Intellectual Property Insurance

Intellectual Property (IP) insurance is designed to protect companies against several key exposures including copyright, trademark, and patent infring…

2020 U.S. Property Market Outlook

Download the 2020 U.S. Property Market Outlook

Navigating Today’s Hardening Property Market

Two recent reports from AM Best and Fitch Ratings confirm the strength of the Excess & Surplus Lines market. AM Best reported that the E&S mar…

The Risk Factor - Fall 2019

The leaves are dropping and so is the inaugural Risk Factor, a new publication from Risk Placement Services, chock full of helpful articles and with a…

State of the Property Market: 3rd Quarter Update 2019

Remember the tortoise and the hare? RPS Area Executive Vice President James Rozzi shows us the parallels between that fable and the current property m…