In The News – April 2021
A collection of noteworthy and topical articles we found helpful this month.
- The latest data from MarketScout shows that commercial insurance rates are still moving upward. The average rate increase was 7% in the first quarter. Read more
- A popular email services was hacked. Experts are still trying to understand the scope of the damage, but significant long-tail claims could be coming. Read more
- More than one year into the pandemic, the question of whether there’s business interruption coverage for COVID-19 remains unanswered. Read more
- Between the ice storm that hit Texas and other Gulf Coast states and storms that struck the U.S. earlier in the season, the 2020-2021 winter season could be a costly one for insurers. Read more
- Medical liability premiums are increasing, and an AMA analysis warns this could lead to practice viability and care access issues. Read more
- Between November 2019 and November 2020, telehealth claim lines rose nearly 3,000%. Read more
- Climate change is leading to new exposures for architects and engineers. Read more
- In many ways, 2020 was an “underwriter’s nightmare.” Here’s how the EPLI market is responding to COVID, equality and diversity concerns, wage-and-hour enforcement and more. Read more
- The non-profit insurance sector is getting more challenging. Here’s where we’re seeing the most hardening. Read more
- Cyberattacks on schools hit record-breaking numbers in 2020 – and ransomware is only part of the problem. Read more
- Fresh capital is helping the directors and officers liability market, but challenges – including diversity, climate change and more – remain. Read more