Commercial Lines

Despite merger objections, data breach lawsuits and the #MeToo movement, claims in the D&O space have not yet combined frequency with severity in a way that will significantly impact pricing.

As product recalls become more frequent and extensive, manufacturers of all sizes are taking notice. While The Hanover has offered product withdrawal coverage for many years, a recent product expansion adds liability and additional expenses.

The #MeToo movement is already having an impact on the EPLI market. But the ripple effects of the viral campaign will reach far and wide, putting directors & officers squarely in the crosshairs as well.

Recently, real estate companies have started diversifying their services. In response, ExecutivePerils developed RE360: an affordable package policy for real estate professionals.

Using the building blocks of its festival and motorsports programs, K&K developed a new air show program, which includes Federal Aviation Administration regulation.

Between merger objection lawsuits and other “event litigation” related to cyber, sexual harassment and more, 415 securities class action lawsuits were filed in 2017. Here’s how the trend could contribute to loss costs for D&O insurers.

Independent agent Rick Brownell Jr. joined his family’s agency 12 years ago and predicts that directors & officers insurance is “only going to become more important. A lot of responsibilities are being placed on boards to make more decisions.”

Is it typical for insurers to exclude property damage to the interior of a building when a door is pushed open by wind?

Before moving into insurance, Jeffrey W. Howard was an accountant. “In the public accounting world, you find a lot of issues with a company, but because of your required independence, you’re not allowed to consult and help fix that. That really irked me,

The cost of capital has a big influence on a business’s ability to grow—and contractual obligations that require letters of credit often tie up capital a business could otherwise use to enhance its operations. Commercial bonds can provide the solution.