Insurance mergers and acquisitions (M&A) rebounded from COVID-19 challenges in the second half of 2020. The trend should continue well into 2021 as companies unload non-core assets and purse cost-effective advancements in technology, PwC said in a new report. The …
Professional & Management Liability Market Detail: Worldwide Facilities (www.wwfi.com) specializes in management and professional liability coverage. Coverage is available for D&O, EPL, crime, fiduciary, management liability, executive liability, public company D&O, nonprofit D&O, healthcare D&O, professional liability, architects & engineers, …
Since this is an insurance coverage column, it’s perhaps fitting to initiate the new year with a look back at the biggest coverage issue of the past year and probably the past couple of decades. In 2001, the coverage question …
The Lloyd’s market is moving to end its insurance cover for coal and oil sands businesses while at the same time ceasing investments in such carbon-producing assets by Jan. 1, 2022. As part of its plan to accelerate the transition …
It could go down as one of the most significant cyber attacks yet. Russian hackers breached a number of U.S. government agencies and dozens of private businesses through a tainted update downloaded for network-monitoring software made by SolarWinds. Potentially significant …
The year 2020 would not be complete without a recap of America’s worst insurance fraud crimes. Homeless New Yorkers targeted in a $31.7 million slip-and-fall ring. A sober-home mogul trades sex for drugs. A billionaire insurance mogul attempts to bribe …
Three risk management alerts arrive in a CEO’s inbox. Which one gets the most attention? Umbrella liability insurance renewal costs are expected to increase by 30% to 50%. Unfavorable workers’ compensation trends will materially impact earnings this quarter. A well-known …
A few years ago, Catherine had a total knee replacement by an excellent orthopedic surgeon in Fremont, Calif. Dr. John Dearborn was recommended by two of our insurance clients that have had incredible success. This surgeon implemented “systematic processing” of …
Overall trends for the past 30 years in the employment practices liability insurance market have been influenced by society and culture. As concerns over racial and disability discrimination, sexual harassment, gender inequality, wage-and-hour enforcement, and now COVID ebb and flow, …
While the COVID-19 pandemic presents risks for directors and officers (D&O), it is far from the only force these insureds and their insurers will be dealing with in the year ahead. Rising insolvency exposures, growing cybersecurity threats and persistent securities …
