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

Property and Casualty

• The property facultative market is booming as large commercial property insurers reduce limits. Read more
• CIAB says that property and casualty premiums were up 6.1% in the second quarter, with double-digit average increases in both cyber and umbrella. Read more
• The surplus lines market grew by 25% in 2021, and direct premiums written for the U.S. surplus lines segment reached a record of $82.6 billion. Read more

Cyber

• Massive ransomware payments and steep rate hikes have put cyber insurance in the spotlight. The market may be showing signs of stabilization, but risks remain. Read more
• As ransomware claims have increased, so has underwriter scrutiny. Underwriters will be checking your cyber practices for six key security measures. Read more

Healthcare

• A new law eliminates the civil claims statute of limitations for people who were sexually abused as minors. Read more

E&O

• What happens when a defendant lies about the existence of evidence? Lawyers have ethical obligations to comply with the discovery process and correct false testimony. Read more

EPL

• Employee lawsuits are increasing in amount and size, and litigation is being fueled by several social trends. Read more
• Employers that use biometric information for verification purposes need to pay attention to new privacy statutes and a recent uptick in litigation. Read more

D&O

• When cannabis companies can secure D&O coverage, they tend to pay about 50% more – but that may just be part of the reason why small- to mid-size cannabis companies eschew coverage. Read more

Cryptocurrency

• Cryptocurrency firms are still hard to insure, but as the industry matures, this may change, and recent volatility could produce useful data. Read more

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