Since 2016, the CRE insurance market has faced turbulence due to natural disasters and rising capital costs. This week's episode with Ted Brown, President and Partner at Lockton Companies, breaks down the impact of skyrocketing insurance rates on deals. Ted explains how underwriters initially priced for low catastrophe risk, but consecutive severe weather events led to increased rates. However, there is a silver lining! Tune in to find out when he believes rates will stabilize.
07/18/24 • 47 min
Peaks & Portfolios - Soaring Insurance Costs: When Will Investors Find Relief?
Transcript
Welcome to Peaks and Portfolios presented by Peck Companies , your go-to podcast for all things commercial real estate investment . I'm Rachel oh , and together we're diving into current events , trends , issues and opportunities impacting the CRE investment space , from dissecting the latest market moves to sharing insights on today's commercial real estate landscape . It's time to maximize
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