← All Insights

Energy property stays soft, but brokers warn a correction may come in 2027

Photo: Designism, CC0, via Wikimedia Commons

Power / MarketOct 6, 2026

Brokers say ample property capacity should last through year-end, but the market "has absorbed substantial losses," and excess liability is hardening for utilities exposed to wildfire. Buyers should lock in good engineering stories and BI values now rather than count on soft rates at the next renewal. | Source: https://www.insurancejournal.com/magazines/mag-features/2026/10/05/887587.htm