Hospitality Insurance Market Faces Crisis: Rising Premiums, Strict Underwriting, and CancellationsBy insurancejournalnewsMarch 19, 20250 The hospitality insurance sector is undergoing significant upheaval, leading to increased costs and challenges for businesses.
Hospitality Insurance Market Faces Crisis: Rising Premiums, Strict Underwriting, and CancellationsBy insurancejournalnewsMarch 19, 20250 The hospitality insurance market is undergoing a major shakeup, with fewer carriers willing to cover industry risks, causing skyrocketing premiums and increasingly restrictive underwriting practices.