Market News
All Stakeholders in Medical Malpractice Liability under Pressure
Findings from the "2019 AON/American Society for Health Care Risk Management Hospital and Physician Professional Liability Benchmark Analysis" showed that while hospital professional liability (HPL) claims frequency has stabilized in recent years, HPL claim severity (inclusive of defense costs) is growing at a rate of 2 percent annually. Read More
Ransomware Attacks for 2019 Outpacing the Number of Incidents in 2018
In its latest "Cyber InFocus Report," titled "Adapting to the New Realities of Cyber Risks," Chubb provided insight into the recent growth of ransomware attacks across industries and underscored best practices companies should take to combat the associated risks. Read More
WCRI Studies Look at Workers Compensation Medical Costs in 18 States
A new set of Workers Compensation Research Institute (WCRI) studies examine trends in payments, prices, and utilization of medical care for workers injured on the job in 18 states. The studies analyze recent costs and trends, reporting how medical payments per claim and cost components vary over time and from state to state. Read More
What Is Your Captive's Story?
With a very low unemployment rate, the need to compete for talent is imperative for captive insurers. We look at how a compelling story can help this effort and the five keys to success with specific emphasis on how captives should think about this process. Read More
D&O Liability Market Pricing Increases as Tort Environment Shifts
Underwriting conditions in the United States for directors and officers (D&O) liability have improved significantly in 2019. Several years of weaker performance driven by flat premium growth and less favorable claims trends in a shifting tort environment have spurred movement by insurers to restore profitability in this challenging line. Read More