Posts by Bradley Barberie
Marsh McLennan Agency acquires Olympic Insurance Agency
Contact Lexie O’Connor Media Relations +1 857 772 0150 alexandra.oconnor@marshmma.com White Plains, New York, August 1, 2025 – Marsh McLennan Agency (MMA), a business of Marsh and a leading provider of business insurance, employee health and benefits, retirement and wealth, and private client insurance solutions across the US and Canada, today announced the acquisition of Olympic Insurance Agency, a…
Read MoreWhy Auto Insurance Claims Are Becoming More Expensive in 2025
The auto insurance industry is currently facing numerous challenges, as businesses contend with increasing costs and ever-changing risks. Among the most influential factors reshaping the industry are social inflation and third-party litigation financing. These two forces are not only driving the frequency of large-scale “nuclear verdicts” but are also contributing to soaring jury verdicts and…
Read MoreHow to Access The Olympic Insurance Insurlink Portal
The Critical Impact of Vacancy Clauses on California’s Commercial Property Insurance in 2024
In 2024, commercial property owners in California must be vigilant about the vacancy clause in their insurance policies. This clause is a critical aspect to consider when properties remain vacant for extended periods. Under most commercial property insurance policies, if less than 31% of the total square footage of a building is in use, the…
Read MoreNavigating 2024 California Non-Renewals in Commercial Property Insurance
In the dynamic world of commercial property insurance, 2024 marks a significant year for California, especially for those facing non-renewals. As a distinguished leader in the insurance industry, Olympic Insurance brings its extensive experience and deep understanding to help commercial property owners and managers adeptly navigate these changes. This article aims to demystify the reasons…
Read MoreManaging Rising Commercial Property Insurance Premiums in California – 2024 Insights
As we navigate through 2024, commercial property owners and managers in California are facing a significant challenge: rising insurance premiums. The commercial property insurance market has seen substantial increases, with premiums in Q1 2023 surging by an average of 20.4% and sustaining a high rate throughout the year. These increases can be attributed to factors…
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