In The News – July 2021
A collection of noteworthy and topical articles we found helpful this month.
EPL
- As claims alleging sexual misconduct and molestation increase, it’s important to note that EPL insurance may provide only limited coverage. Read more
E&O
- The architects and engineers professional liability market has avoided some of the hard market conditions seen in other lines. Here’s a look at why – and what might be next. Read more
Cyber
- Cyber insurance direct written premium increased 22% in 2020. As demand and risks increase, a new A.M. Best report shows that insurers need to reassess cyber risks. Read more
- Ransomware attacks are creating a ripple effect that includes business interruption, premium hikes and new legislative compliance issues. Read more
Healthcare
- The medical malpractice insurance market continues to harden, and COIVD-related claims could make a bad situation worse. Read more
D&O
- A rise in zombie companies – companies that may fail because they don’t have enough cash flow to cover their debt – is causing insurers to charge higher premiums. Read more
- SPAC lawsuits are becoming more common, and it could exacerbate the hardening D&O insurance market. Read more
Property
- The debate over business interruption coverage for COVID continues as a New Hampshire judge rules that COVID creates a “distinct and demonstrable alteration” to property. Read more
- With new pandemic risks, as well as riot, natural disaster and cyber risks, the U.S. property and casualty insurance market will be put to the test. Read more