The purpose of this paper is to explain the basis of liability for a public company, discuss the D&O marketplace with respect to IPO exposures, and set forth what you can expect from us as your broker in the process.
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2018 has thus far been a year of firming property premiums due to the $135BB (and counting) of losses in 2017 and early 2018. Based on a February 2018 report in the publication Carrier Management, the U.S. property/casualty insurance industry will show a combined loss ratio of 105.1%
As of January 1, 2018, hospitality employers in the city of Chicago must provide “panic buttons” for room attendants and restroom workers who work alone.
One of Janet Yellen’s last acts as head of the Federal Reserve was to impose an unusual settlement condition upon Wells Fargo: as part of the consent decree, Wells Fargo would agree to the removal of four directors.
Employers look to their peers for guidance as they pursue destination-employer status. Explore the best-in-class tactics midsize employers are using to outperform the competition in healthcare cost control and human resource management.
Employers look to their peers for guidance as they pursue destination-employer status. Explore the best-in-class tactics large employers are using to outperform the competition in healthcare cost control and human resource management.
2017 has thus far been a $125BB (and counting) year of property disasters ranging from the floods of Biblical proportion with Harvey to the devastation of Irma and the categorical wipe out of Puerto Rico inflicted by Maria. These events aka “HIM” are roughly estimated in excess of the $125bb of insured losses and don’t take into account the $3.3bb of wild fire losses in Northern California.
We received an opportunity to review the insurance program of a hotel REIT when there was a shift in their management team.
It’s that time of the year again. Temperatures are rising and families are making their summer vacation plans. Since most households in the U.S. do not have a swimming pool, a hotel pool is a very sought after amenity.
Professional Liability is becoming more complicated by the day and it’s not just the owners/managers who are concerned, but also many attorneys and generic insurance agents don’t understand the exposures and the options. Given the personal nature of the liability for the owner/manager, we cannot stress enough the importance of working with a specialist.