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Global Risk Management Newsletter - 2nd Quarter 2017

Does it seem to you so much is politically charged today? No matter where you reside on the spectrum—it’s a challenge deciding how to best address certain issues. Global warming is one of these issues. The phrase “global warming” evokes emotions for most people so we want to steer away from that terminology. We have used “extreme weather” in its place.

Market Conditions 2017 - Private-Nonprofit D&O

As the U.S. economy continues to recover, so too have the businesses of most of our private and nonprofit clients. As a result, D&O markets generally have seen marginal rate changes from -1% to 2%, whereas previous rate increases ranged from 0% to 5% when there was no change in financial condition, exposures or losses.

Global Risk Management Newsletter - 1st Quarter 2016

The most recent data about the current marketplace is showing generally soft market conditions. Following are a few excerpts from February’s Market Scout report. • Rates for commercial property/casualty insurance fell 4 percent in the first month of the new year • Commercial property insurers are getting ready to scratch each other’s eyes out as they fight for market share • Umbrella/excess liability and workers’ compensation rates actually increased slightly over the same period • Large and jumbo accounts (over $250,001) were assessed rates slightly higher in January versus December