June 20, 2022 Construction Market & Risks Report Markets: Umbrellas (Personal & Commercial)

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In this Issue

• Features
  Insurers, Self-Insureds Facing $9 Billion in Black Lung Liabilities
  The U.S. coal industry may be shrinking rapidly as the country shifts...

National Coverage

• Editor's Note
  Executive Excess
  The CEO-worker pay gap at low-wage corporations grew even wider in...
• Features
  Medical Professional Liability Insurance Market Improves but Still Unprofitable
  The U.S. medical professional liability insurance (MPLI) market saw...
• Features
  Cyber Continues as Outlier in Otherwise Stabilizing Commercial P/C Market: USI
  A mid-year update on the commercial property/casualty market from USI...
• Features
  Report Casts Doubt on Net-Zero Emissions Pledges by Big Global Companies
  Corporate plans to slash greenhouse gas emissions fall short of what...
• Features
  Study Links Chiropractic Care to Lower Costs, Faster Return to Work
  Chiropractors are involved in only a small fraction of workers'...
• Features
  Insurance Broker Acrisure Touches $23 Billion in Valuation After Latest Funding
  Acrisure reports it has raised $725 million in a fresh funding round...
• Features
  30 Years After Hurricane Andrew, Karen Clark Affirmed Her Models
  June 1 marked the beginning of the Atlantic hurricane season -- one...
• Features
  U.S. Supreme Court Refuses to Hear COVID Business Interruption Case
  The U.S. Supreme Court decided on June 6 that it will not hear an...
• Features
  Insurtech Faces ‘Leveling Out Period’ Amid Market Challenges
  The insurtech industry is facing what experts say is a "leveling out...
• Features
  A Different Kind of Guard: Agent Follows NFL Offseason With Eye on Protecting Players
  Like millions of Americans, Timothy Radcliff was glued to the NFL...
• Features
  FEMA Pushing for Stronger Building Codes Nationwide
  Federal officials have announced a new initiative to modernize...
• Features
  Nothing’s Easy in Hard-Working Contractors’ Market; Risks Include Inexperienced Workers, Inflated Costs and Inferior Materials
  No other industry has weathered a global pandemic, economic changes,...
• Features
  Role of the Construction Agent and Broker
  The role of the independent agent and broker is changing along with...
• Features
  Protecting Workers: Safety & Health
  Today's busy construction sites need to manage risk for the whole...
• Features
  Q&A With Nationwide’s P/C President and COO Mark Berven
  In 2021, insurer and financial services company Nationwide reported...
• Features
  The Balancing Act of Insurance Regulation
  Insurance regulation in the United States is overly complicated,...
• Features
  The Ingredients Needed to Perfect the GSI Recipe in the Lloyd’s Market
  Thirty years ago, when you baked a cake for a kid's birthday party,...
• Features
  When It Comes Time to Sell, Don’t Make Your Agency a ‘Project’
  You may know the familiar adage from the real estate world that says...
• Features
  Future Profit Models for Insurers and Their Agent/Broker Partners
  I read an article written by a former carrier CEO who is now a...
• Features
  Retirement Planning via Partner Buyouts
  Baby boomers are retiring sooner rather than later. In fact, by 2030,...
• Features
  Inflation Is Inevitable. Why Are Property Insurers Unprepared?
  I remember when it became clear that the economy was barreling toward...
• New Markets
  My New Markets
  Business Insurance Market Detail: Insurance Bee offers a quick,...
• People & Places
  People & Places
  National David H. Long, Liberty Mutual Insurance CEO since 2011, will...
• Business Moves
  Business Moves
  National Alleghany Corp., Berkshire Hathaway Alleghany Corp. on June...
• Declarations
  Declarations
  Greenwashing "When I think about greenwashing: Every company that is...