Aon’s Timothy Fletcher counts loyalty as a primary value in assessing his professional relationships. He said his relationship with Aon is built on that foundation.
HB 1808 would require Texas police officers to hold their own professional liability insurance coverage in the event of misconduct claims, but not all are keen on the idea.
New legislation in California redefines the limits for non-economic damages that result from medical negligence. What will these changes mean for insurers writing business in the state?
“Shareholder litigation is driving about 85% plus of the losses in the D&O world. It can also hit what we call E&O, on the financial institution side.”
“The digital transformation of businesses has created new types of exposures while exacerbating existing ones. No longer are executive risks limited to the office; they now penetrate digital channels both in our work-from-home setup and our traditional workplace.”
With factors like the pandemic, social justice movements, remote work accommodations and more, reviewing employment practice liability exposures is paramount.
Demand for construction and environmental professional liability products is expected to rise this year as construction activity rebounds from the impact of the COVID-19 pandemic.
SEC enforcement activity generally is trending upward. The agency reported that it filed 434 new enforcement actions in fiscal year 2021, representing a seven percent increase over the prior year.