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2021 is set to be a pivotal year for the professional liability insurance markets.
Mounting losses, shrinking capacity, and the uncertain impact of COVID-19 will accelerate D&O market hardening.
Professional liability underwriters head to this year’s PLUS Conference with rates on the rise but damages payouts rising even faster.
The pace of M&As across various industries got a good deal of attention at this year’s PLUS International Conference. Professional liability insurance pros weigh in on other growth opportunities and risks to watch.
The number of professional liability class actions is on a record tear, which should impact rates eventually.
Practitioners urge the professional liability markets to throw off an ‘antiquated mindset.’
Overcapacity is the biggest threat to insurers in the short and long term.
The 2013 PLUS conference will explore strategies for addressing emerging risks related to social media and health care reform, among other issues.