When it comes to COVID-19 economic damage, some industries have been hit much harder than others. D&O underwriters are sure to be asking COVID-19-specific questions at renewals.
With prices rising, experts advise insurance buyers to start the renewal process early, and to be prepared to differentiate their risk mitigation strategies.
According to a report by The Hanover, small business owners view property damage as largest threat during the next five years. But are they overlooking cyber?
In the post-#MeToo era, Rhonda Prussack of BHSI details what liability exposures she’s watching closely right now, as well as what underwriters and the courts have their sights set on.
Just because commercial insurance pricing is increasing doesn’t mean you can’t have a great renewal. And remember, the price of insurance is just one piece of the risk management puzzle.
If it can be determined that individual companies are responsible for climate change, investors and insurers might want to brace themselves for massive payouts.
Baseball is allowing itself to run a legal gauntlet that will eventually result in much higher liability than it currently faces in the area of fan safety.
Historic volatility on both economic and social fronts creates conditions for more litigation against directors and officers and claims on professional liability policies.
The definitions of ‘employee’ versus ‘independent contractor’ are up for debate, leaving employers to classify workers properly and remain compliant within state laws.
Ongoing challenges have forced MPL underwriters to reevaluate their risk portfolios, bringing significant change to a market segment that has seen a decade’s worth of price erosion.