A collection of noteworthy and topical articles we found helpful this month.

EPL

• A jury awarded $228 million in a case over the Illinois Biometric Privacy Act. The first jury award of its kind, it could lead to more litigation and a surge in BIPA exclusions. Read more
• The workplace has changed in the last few years. Employers should keep an eye on these 10 evolving employment practices liability exposures. Read more

Cyber

• Large companies are investing in cybersecurity tools, so hackers are focusing on smaller businesses. Read more
• Paying a ransomware demand may not keep you safe. Many companies fail to recover their data, and second attacks are common. Read more

Property

• The natural disasters that occurred in 2022 could cost the insurance industry around $112 billion – significantly more than the 10-year average of $81 billion. Read more

Casualty

• After a year of poor returns, the insurance industry may need to pursue additional price hikes. Here’s what businesses can expect in 2023. Read more
• The U.S. Chemical Safety Board has determined that a lack of safeguards led to a 2018 explosion at an oil refinery. Read more

Healthcare

• Medicare adopted telehealth flexibilities in response to the pandemic. Those provisions have been extended for two years. Read more

D&O

• Due to the complexities and costs involved, many cannabis companies forgo D&O insurance, but that can be a mistake. Read more

Crypto

• In response to the FTX collapse, insurers are limiting their FTX exposures, and it’s leaving some digital currency traders and exchanges without needed coverage. Read more

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