Habitational faces ongoing challenges in property and casualty: Gallagher
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Habitational faces ongoing challenges in property and casualty: Gallagher

Rate increases on primary liability placements range from 10% to 20%.

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Underwriters are tightening their scrutiny on multifamily asset classes amid ongoing social inflation, legal system abuse and accelerating claims costs outpacing economic inflation, according to Gallagher’s global real estate 2024 summer market update.

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