It’s common knowledge that the employee practices liability insurance arena nationwide has been unfriendly to buyers. Earlier this year, a survey of 20 EPLI carriers showed 15 reported rate increases for the line ranging from 5% to 35%. The problem …
A Cowlitz County, Wash., man stands accused of faking injuries to collect nearly $300,000 in workers’ compensation benefits. James Joseph Thomasson, 52, of Kalama, was arraigned in Thurston County Superior Court on one count of felony first-degree theft. Thomasson is …
A Kaufman Borgeest & Ryan report lists the top EPLI settlements from 2015 to 2020, with four of the top 10 occurring in California: The $215 million University of Southern California settlement in 2018 with potentially thousands of women who …
Things look bad with California’s ever-sooner wildfire season seemingly approaching and what’s shaping up to be a severe drought across the Western U.S. The plague of wildfires in the past few years in California have made things tough for residents …
There are many segments in the education insurance market ranging from large colleges and universities to smaller K-12 campuses, but when it comes to casualty risks the exposures are largely the same, said Mark Turkalo, senior vice president, Education and …
Oh, how things vary from state to state. This is particularly true when it comes to insurance laws. As insurance professionals know well, variations in state governance and regulation extend to the insurance space, with each state having its own …
“I remember when the worst thing you had to worry about at work was a misdirected reply-to-all on an email.” Joann Lytle, a partner with the law firm McCarter & English in Philadelphia, knows things have changed and there are …
Even as law firms made adjustments to sustain their operations through the COVID-19 pandemic, they were unable to avoid the rising costs of malpractice claims. Indeed, the time period beginning in 2019 through mid-2020 marked the worst two years on …
U.S. insurers suffered record-breaking winter storm losses during the first quarter of 2021 while also grappling with several high-profile cyberattacks, according to a recent report released by Aon. Maybe claims departments are becoming a little testy. Aon’s quarterly Global Market …
It is important to step back and take a 30,000-foot view of the macro context of today’s public policy challenges — specifically, the new tidal wave of socio-environmental awareness that the U.S. is experiencing. The expectations being placed on corporate …
