33 Considerations/conditions • Due to rate increases, most BOPs • While workers’ compensation rates need to be remarketed in order to are generally in negative territory, obtain the best pricing and terms. we are still seeing restrictions based • New business entities continue on certain classes of business such to face underwriting scrutiny and as health care, but overall pricing generally have more restrictions in is holding steady with increases of terms of coverage enhancements less than 5% (unless the insured is than established businesses. projecting payroll increases). For • Property coverage also remains start-ups, underwriters are looking for three to 昀椀ve years of credible loss di昀케cult with markets non- renewing older buildings that are history to o昀昀er a quote. not being improved. • Cyber coverage capacity has • Wild昀椀re concerns continued even improved but only when strong in areas with wide open areas not cybersecurity controls are in place, prone or subject to brush growth such as MFA. Rates are moderating some, but underwriters continue or 昀椀re concerns. Some carriers to ask questions to understand the seem to look at ZIP codes more risks, and are requiring additional than geography. supplemental applications. • Monoline automobile liability • D&O and professional liability coverage is di昀케cult to obtain and, coverage lines are beginning to generally, we are seeing high moderate but are still experiencing minimum premiums of $5,000. increases as well, with some rate increases as high as 10%–20% for D&O and 10%–30% for professional liability at renewal.