Lloyd’s Cyber War Exclusions: Confusing, Disruptive, but Necessary? May 22, 2023 By L.S. Howard The rollout of the Lloyd’s Market Association’s (LMA) cyber war exclusions received considerable criticism for the chaos and confusion they...
Chubb: No Duty to Defend Texas Subway Franchise in Killing Case May 22, 2023 By Ezra Amacher ACE American Insurance Company (Chubb) says it has no duty to defend a Texas Subway franchise sued by the family...
Using Data to Create Sustainable DEI Change: How to build a strategy that won’t fall victim to burnout. May 22, 2023 By Dianne Greene As someone who has worked in and has been a champion for diversity, equity and inclusion (DEI) for much of...
Rising Premiums Tighten Auto Insurance Market as Customers Shop Deals: J.D. Power Study May 22, 2023 Saving money is the primary focus of consumers searching for auto insurance, according to the J.D. Power 2023 U.S. Insurance...
Small Commercial, Big Rewards: Benefits of Diversifying an Independent Agency’s Book of Business May 22, 2023 By Steve Tombarelli Weathering a hard insurance market isn’t for the faint of heart. As premiums increase and personal line capacity decreases, independent...
D&O Prices Plummeting: Record-Level Q1 Drop for Decade May 22, 2023 By Susanne Sclafane The year-over-year decline in directors and officers (D&O) insurance prices for the first quarter of 2023 is greater than any...
Maryland Ends Time Limit in Child Sex Abuse Lawsuits May 8, 2023 Maryland Gov. Wes Moore has signed legislation to end Maryland’s statute of limitations on when child sexual abuse lawsuits can...
Vape Companies Sue Kinsale Insurance After Battery Coverage Was ‘Quietly’ Excluded May 8, 2023 By William Rabb Four companies that sell vaping devices have filed a federal lawsuit against Kinsale Insurance Co., claiming the insurer dropped coverage...
Cal/OSHA Cites Equipment Company, Refers Contractor for Prosecution in Confined Space May 8, 2023 The California Division of Occupational Safety and Health cited Meeder Equipment Co. of Rancho Cucamonga and referred D&D Construction Specialties...
2023 Market Conditions May 8, 2023 As the market continues to face uncertain economic conditions, areas of ongoing volatility, according to Risk Strategies, include: Inflation and...