Insured's renewal came in at over 65% more than expiring due to some losses. Does anyone have any other markets that may be more competitive than Mercury? Amtrust, Liberty and Travelers declined due to the losses. Surplus Lines is fine as long as they are "A" rated by AM Best.
Also, does the conditional renewal notice of premium increase need to be sent out by Mercury? We never received one.
My account renews on 3/20/19.
Any assistance is appreciated.
It's in California.