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With third-party litigation funding reaching $17 billion in 2021, companies and their insurers are likely to see an uptick in social inflation in the years to come.
As COVID-19 vaccinations became available to the public, the University of Arizona’s stalwart distribution site stepped up to serve its community.
As fears over COVID-19-related discrimination claims mount, more businesses are eager for EPLI coverage. But insurers are scaling back their offerings.
As workplaces attempt to reopen following COVID-19 shutdowns, employers need to take EPLI coverage into consideration.
A variety of factors, including COVID-19 losses, Nat CATS and social inflation, are driving rate increases.
A golf cart accident at a county fair leads to a court battle between the cart’s owner and its insurer.
Cyber coverage specificity is lacking. Brokers, insureds and carriers face a mandate to communicate clearly and craft appropriate coverage.
The aviation industry is rebounding after COVID-19 but it may never look exactly like it did pre-pandemic.
With the 2021 Olympics inching closer, COVID-19 is still very much threatening the individuals who volunteer for the Games.
When a gas station is notified of a vapor leak, it turns to its insurer for aid. But the insurer says no dice, because the actual property the gas station is on received no damage.
State legislatures have updated reporting guidelines around childhood sexual abuse and molestation claims. Now public schools are stepping up.
In March, a large container ship blocked the Suez Canal for six days, costing nearly $400 million an hour in global trade losses. Now, cargo and vessel owners are asking, “Who foots the bill?”
Social inflation caused by a rise in lawsuits brought against businesses and disproportionate nuclear jury verdicts have forced insurers to stump up multi-million dollar settlements.
The telehealth task at hand for risk managers and their insurance partners is to help preserve the balance of patient privacy with all the good that has come — and will come — from telemedicine.
COVID-19 has brought about a range of unique claims filed against real estate asset managers by the three plaintiff types.
Though plaintiffs will have a tough time blaming businesses for exposure to the virus, carriers are nonetheless prepping defense strategies and emphasizing risk mitigation to clients.
Many workers are celebrating an extensive work-from-home option, but physical and mental injuries may go undetected.
As investors and the public put a greater focus on ESG issues, businesses need to make sure their practices align with their values statements lest they open themselves up to liability issues.
Pairing general liability with environmental impairment liability may be the solution for business owners looking to cover their pollution exposures.
We are asking a lot from our teachers during these months of uncertainty; it’s about time we step up and do more to protect them.