The property and casualty insurance marketplace has been quite volatile over the last several years, creating significant frustration for buyers and their brokers as they work to secure coverage for their customers’ programs. The 2026 property and casualty marketplace appears to be softening, at least in some lines. This is welcome news after the anxiety that many have experienced over the last few years with their renewals. While the softening is not universal, increased competition and capacity are creating opportunities for some buyers to get premium savings and improved coverage in their programs.

Market pricing will be driven by selective ...