When we recognize innovation, we like to share it.

Given the complexity of the real estate industry, we are constantly pursuing and developing materials and resources to keep us all better informed on the issues you are facing. We know knowledge is power, and that is why we are pleased to offer you the option to share in our growing real estate resources center.

  • Common Mistakes Made with Real Estate E&O Insurance Whitepaper [ Whitepaper]

    Complex real estate transactions gone awry can produce lengthy litigation. Even low value, frivolous situations can quickly become protracted litigation with large dollars being spent on what seems like endless defense.

  • Real Estate & Hospitality Market Update - Spring 2018 [ Market Report]

    2018 has thus far been a year of firming property premiums due to the $135BB (and counting) of losses in 2017 and early 2018. Based on a February 2018 report in the publication Carrier Management, the U.S. property/casualty insurance industry will show a combined loss ratio of 105.1%

  • Sexual Harassment Liability in the Hospitality Industry [ Whitepaper]

    As of January 1, 2018, hospitality employers in the city of Chicago must provide “panic buttons” for room attendants and restroom workers who work alone.

  • Market Conditions - Real Estate [ Market Report]

    The environment for interest rates is all but confirmed for increases, and yet the cycle continues. Its durability doesn’t seem threatened by either a ready supply of equity or debt or even the possibility of oversupply. We have been noticing of late that ‘sectors’ are getting a deeper review by the insurance underwriters. Whereas in the past, the good results for insurance companies professional real estate risk was more uniform overall classes, we have seen that change more in the last 12 months. The ‘Amazon’ effect has put malls and strip shopping centers into a much greater focus and multifamily is also perceived to on its way to an oversupply issue. These two classes are seeing a higher level of scrutiny from the underwriting community.

  • Fourth Quarter 2017 Real Estate and Hospitality Market Update [ Market Report]

    2017 has thus far been a $125BB (and counting) year of property disasters ranging from the floods of Biblical proportion with Harvey to the devastation of Irma and the categorical wipe out of Puerto Rico inflicted by Maria. These events aka “HIM” are roughly estimated in excess of the $125bb of insured losses and don’t take into account the $3.3bb of wild fire losses in Northern California.

  • First Quarter 2017 Real Estate and Hospitality Market Update [ Market Report]

    Professional Liability is becoming more complicated by the day and it’s not just the owners/managers who are concerned, but also many attorneys and generic insurance agents don’t understand the exposures and the options. Given the personal nature of the liability for the owner/manager, we cannot stress enough the importance of working with a specialist.

  • Market Conditions 2017 - Real Estate [ Market Report]

    As 2017 begins, the global environment for ‘change’ seems to be everywhere on a geo-political basis, the likes of which we have not witnessed in quite some time. With this uncertainty, hard assets tend to be viewed as a safe haven and certainly the real estate market has benefitted from the current environment.

  • Market Update: Third Quarter 2016 Real Estate and Hospitality [ Market Report]

    Cyber espionage, Zika, hurricanes and catastrophic wild fires and flooding throughout the world have made insurers and reinsurers more tentative, resulting in a slowdown of the double-digit price cutting trend that insurance buyers have enjoyed for the past eight quarters. At the mid-year point, property rates for most asset classes with decent loss histories were still falling but recent reinsurance renewals and new directives to “not chase down rates” from some of the biggest names in underwriting point to a leveling out in premiums.

  • Market Conditions Update: 2015 Midyear Real Estate and Hospitality [ Market Report]

    The first six months of 2015 have proven that even with the M&A game heating up and offshore investments in insurance, there is abundant capacity for all asset classes and all geographic exposures. The fact that the National Weather Service is also predicting an El Niño event translates into lower hurricane expectancy. On the “fracking front”, the earthquake swarms never previously experienced have yet to make it to the “Boogey Man” list for insurers. Where there are new important changes is in the trend toward Midwest/Texas hail deductibles particularly for industrial flex.

  • Common Mistakes Made With Real Estate Errors and Omissions Insurance [ Whitepaper]

    Complex real estate transactions gone awry can produce lengthy litigation. Even low value situations can become protracted litigation with significant money spent on what seems like endless defense. Real estate errors and omissions (E & O) liability insurance can help protect the balance sheet of your real estate business on these types of costs. Unfortunately, there are many pitfalls frequently created by insurance brokers who do not specialize in risk transfer products specifically for real estate firms. So what do you need to know?

  • Property Market Update: First Quarter 2015 [ Market Report]

    In 2014, the year began with the second costliest winter storm in over 20 years. The U.S. also experienced two additional loss events triggered by natural disasters including severe thunderstorms throughout the country and the Napa earthquake - which was the largest U.S. earthquake loss since 2001. Globally, natural disasters produced a combined total insured loss of $39 billion in 2014, which was 38% below the 10-year average and the lowest annual insured loss total since 2009. This Gallagher Property Marketing Update: First Quarter 2015 reviews how is all of this affecting the property market.

  • Real Estate and Hospitality Market Update: January 2015 [ Market Report]

    The Gallagher Real Estate & Hospitality Market Update - Winter 2015 provides a recap of the industries' insurance and risk issues in 2014 as well as a 2015 market forecast. The report notes that 2014 was one of the most benign loss seasons in history. Insured losses were down 38% over the last year.

  • Real Estate & Hospitality Market Update: Summer 2014 [ Market Report]

    We are halfway through the 2014 hurricane season, have had eleven “named storms”, and the biggest threat thus far was focused on the Hawaiian Islands. If we keep up this pattern through November 1st, the catastrophe market will continue to soften for the balance of the year. Reinsurance rates continue to plunge, and this can only translate into better pricing and more capacity for the real estate and hospitality industry. Our report provides an overview of related topics including professional liability, cyber risk, TRIPRA, London real estate markets, workers compensation and more.

  • Real Estate & Hospitality Market Update: Spring 2014 [ Market Report]

    The British are coming… and so are the other EU markets, Asia and a host of domestic carriers who are flooding the property insurance market with additional capacity. For more information from the Gallagher Real Estate and Hospitality Market Update for Spring 2014, please click on the market report headline.

  • Real Estate & Hospitality Year-End Market Update 2013 [ Whitepaper]

    Typhoons, European flooding and a host of other natural disasters plagued the world in 2013, but the U.S. was relatively unscathed. That makes 2013 one of the most benign catastrophe years in history. Despite the outcome, we're not out of the woods. This whitepaper offers some thoughts on looking ahead to potential issues and risks in 2014.

  • Cyber Threats and Realities: Solutions for Real Estate and Hospitality [ Webinar]

    Cyber attacks have spread beyond the “usual suspects” of government, banks and retail targets. The unauthorized access of data and unknown breaches are now a growing and documented exposure for any real estate or hospitality owner/operator who has access to credit cards; utilizes computer operating systems for their assets; accepts and warehouses anyone’s personal information; or engages in social media.

  • Arthur J. Gallagher & Co. Named a World's Most Ethical Company® by the Ethisphere Institute for Fourth Consecutive Year [ News]

    On March 9, Arthur J. Gallagher & Co. announced that it has once again been recognized as a World's Most Ethical Company® by the Ethisphere Institute, the global leader in defining and advancing the standards of ethical business practices.