In 2016, public Directors & Officers Liability clients continued to benefit from a competitive insurance market, experiencing both rate reductions and expanded coverage terms. Given the record-high number of securities class actions filed in 2016— 300 in Federal court alone, a 32% increase over 2015 it may appear that premium rates and litigation activity do not necessarily correlate.
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Fiduciary liability renewals were stable in 2016 and this coverage line continues to be the most stable management liability coverage. There have been sizable settlements over the past 12 months that are noteworthy; however, they are not anticipated to reflect in a change in overall market condition.
This Weekly Market Update reviews the top 3 market headlines: Dow hits 20,000, U.S. growth slows, and European consumer confidence
Welcome to the winter edition of The Double Helix. Inside this issue you can find articles on the following: Medical Device Consolidation, FDA Regulations, 3D Printing and the Life Sciences Market and Clinical Trials Overseas.
Think of risk management as a prudent, informed enabling of the ministry that is the lifeblood of our building Christ’s kingdom on earth. Risk management is “vital”. In fact, the word vital derives from the Latin Vitalis, which pertains to life or life-giving. Protecting our people, our assets and our reputation is indeed life-giving, and it is a manifestation of stewardship in the 21st century.
This publication, and its companion online platform, Global Security Insight (https://gsi.s-rm.co.uk/), offers our take on some of the security issues we think will define 2017.
This monthly briefing is to keep you informed of the trends in kidnapping worldwide and assess the risk of kidnapping to your business. This issue includes an overview of kidnapping-for-ransom trends in December 2016, a brief on the risk to foreign nationals in Latin America and a focus on the kidnap and detention risk in the Congo (DRC).
We all recognize that the safe operation of your public entity’s vehicle fleet is an important component of a sound risk management program designed to reduce potential for pain and injury, financial expenses and reputational risk. Likewise, we suspect that one of the goals of your fleet safety program is to instill in your drivers an awareness of the actions of other motorists to avoid involvement in a vehicle.
This Weekly Market Update reviews the top 3 market headlines: increasing prices, equities stumble, and U.S. companies ramp up spending.
Within hours of his inauguration as the 45th President of the United States of America, President Trump signed an executive order directing federal agencies to minimize the burdens caused by the Patient Protection and Affordable Care Act (“PPACA”). While the executive order does not grant the administration any new powers, it signals that the Trump administration wants to move quickly to dismantle major parts of former President Obama’s signature legislation.