Article ID: 5de48d5e9b691094bac3f7b96bdf2009d7064036368c1b9d21ed8eb129eef93f
Source ID: secondary:businessinsurance.com
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URL: https://www.businessinsurance.com/ae-insurers-plan-to-seek-rate-hikes-survey/
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A&E insurers plan to seek rate hikes: Survey - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers A&E insurers plan to seek rate hikes: Survey by Matthew Lerner General liability Feb 18, 2026 Insurers in the architects and engineers professional liability insurance market will look to raise rates this year as claim costs climb, a report says. Almost three quarters, or 73%, of the 15 insurer respondents said they would seek rate increases in 2026, with 27% saying they will keep rates flat and none planning decreases, according to the report, from specialty insurance broker Ames & Gough. Most, 82%, say they will target increases of up to 5%, while the others said they plan increases of 6% to 10%. Claims severity and defense costs are weighing on insurers, the report shows. Higher claims severity in 2025 was reported by 60% of insurers surveyed, up from 53% in 2024 and 41% in 2023. None reported lower claims severity, a first for the survey. Almost all (93%) said increasing defense costs were “materially” affecting claim severity, including more aggressive plaintiffs attorneys, more expert witnesses, longer resolution times, and higher panel counsel and vendor costs. Inflation in the forms of labor costs, tariffs, and supply chain challenges hitting material prices was cited by 82% of insurers as influencing their decision to raise rates in 2026, according to the report. Natural catastrophe exposure and adverse loss histories were also cited as factors influencing decisions on rate movements for 2026. Other “disruptors” affecting the architects and engineers professional liability insurance market include social inflation and litigation funding, cited by 93% of respondents; the growing use of artificial intelligence and technology by design firms, 80%; and talent shortages/workforce turnover, 53%. Related News German insurer HDI plans North America expansion February 18, 2026 Major comp reform bill heads to Wisconsin governor February 18, 2026 BayPine buying Relation from PE firm Aquiline February 18, 2026 Diocese, insurers agree to increase settlement with abuse victims February 18, 2026 Washington state asbestos contractor faces fines February 18, 2026 Single-payer proposal returns in California February 18, 2026 Judge goes a little wild in tossing out chicken wing case February 18, 2026 Verisk downplays AI disruption fears as quarterly profit beats estimates February 18, 2026 Nestle, Danone probed over contaminated baby formula February 18, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
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