The D&O Hard Market Is History as Conditions Improve
As capacity returns and rate increases decelerate, D&O market conditions have improved. However, agents need to remain diligent.
As capacity returns and rate increases decelerate, D&O market conditions have improved. However, agents need to remain diligent.
While cybercrime has skyrocketed over the last few years, what’s alarming is that business leaders have been slow to respond to these new threats.
While this highly connective and interactive virtual environment produces productive conversations and important discussions, it also can introduce employment practices liability insurance risks to your business.
Changes in health care are happening too rapidly for independent agents to assume the status quo for medical professional liability clients at renewal time.
Many businesses are cautious heading into the economic headwinds of a recession and may drop coverage to save money, making selling EPLI even more challenging.
“Not all EPLI policies are created equal,” says independent agent Christopher Paradiso. “It is so very important that we can educate our clients to make sure we are helping them make the best decision with the right carrier.”
Employers continue to deal with EPLI concerns relating to the impact of COVID-19, as well as increased legislative activity at both the state and federal level.
Your commercial clients could be leaving a huge risk exposed if they don’t reckon with diversity, equity and inclusion (DE&I).
The current labor market is creating various professional liability insurance exposures for many business owners.
After double-digit rate increases in 2021, the markets for management and professional liability have rightsized with regard to premiums.