The hard market is expected to continue through 2023 and into 2024, which means that insurance premiums will continue to rise and coverage will be more difficult to obtain. Join our market experts, Alex Bauer and Jake Dowell, as they discuss several factors contributing to the hard market, including supply chain disruptions, cost increases due to labor and materials, major weather events, large jury verdicts, anti-corporate sentiment, medical inflation, and CAT (catastrophic) events. They will also discuss solutions to mitigate risk and reduce insurance costs include property maintenance and record keeping, employee training, higher deductibles and deductible funds, and using the correct property insurance solutions to avoid agreed amount and certified appraisals.