Procuring insurance coverage for fine art collections is becoming a challenge in areas prone to natural disasters, but there are practices collectors can put into place to help.
Chubb names new head of North America industry practices, Risk Strategies merges student health business segment under new leadership and more in this edition of People on the Move.
Due to the rapid growth of TPLFs and their increased involvement in litigation, cases often take a year longer to resolve than they would if a TPLF was not involved in the case.
These tools can help underwriters navigate the troubled waters of property catastrophe losses resulting from more frequent and severe natural disasters.
Some insurers have stopped covering climate change-related risks, opening opportunities to the excess and surplus market. E&S and specialty lines are well-suited to it, with dedicated claims and underwriting teams to take on severe weather-related exposures.