Risk & Insurance
As the entire world scrutinizes the American justice system and police involvement in the deaths of unarmed black men and women, the insurance industry is in a unique place to exercise a market-based solution: Mandatory professional liability insu...
Posted: Jun 29, 2020
As businesses reopen their doors and bring employees back to the workplace, they’re facing challenges that were unimaginable just a few months ago. Advertisement
Posted: Jun 28, 2020
Technology and automation are everywhere in workers’ comp. Artificial intelligence (AI) allows insurers to
Posted: Jun 26, 2020
Tuesday, June 9 began as a normal day, or rather, what I have come to understand as the “new normal.” I commuted downstairs to my couch, where I have essentially been camped out since I started a new job serving as RCM&D’s Commercial Divisi...
Posted: Jun 25, 2020
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Posted: Jun 25, 2020
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Posted: Jun 25, 2020
It is fair to say the COVID-19 pandemic has been the biggest challenge to enterprise risk management in generations. The challenges have been larger than those faced after 9/11, Hurricane Katrina, Superstorm Sandy or Fukushima. Adve...
Posted: Jun 25, 2020
No one wants a workers’ compensation claim to end up in litigation. In an ideal situation, compensability would be clear and both injured worker and employer would be happy with the outcome. Advertisement
Posted: Jun 24, 2020
In my previous column, I discussed the claim trends that contributed to the hard market, including increasing claims frequency...
Posted: Jun 24, 2020
As the impact of COVID-19 on worker safety continues to unfold, Illinois became the latest state to pass a sweeping presumption law aimed at ensuring workers’ compensation protections for all essential workers. Advertisement
Posted: Jun 24, 2020
There is an unmistakeable trend impacting many small- to midsize-enterprises (SMEs) at this time. In order to win lucrative contracts, they need to “sign on the dotted line.” Advertisement
Posted: Jun 23, 2020
Much like shoulder pads of the 1980s or the crop tops of the ’90s, facial masks have become something of this decade’s fashion statement. People across the United States — and the globe — have decked out their masks, using cloth materials represen...
Posted: Jun 23, 2020
As the COVID-19 pandemic spreads across the globe, leaving devastation in its wake, there’s another pandemic that requires our attention; a pandemic that has been recently silenced by global events. Advertisement
Posted: Jun 22, 2020
Morgan Stanley’s Long-Time Diversity Officer Sues for Racial Discrimination, Retaliation The Case: Marilyn Booker, who spent 16 years as the global head of diversity at Morgan Stanley, sued the company for ra...
Posted: Jun 22, 2020
Some businesses have been able to pivot and adapt to physical distancing measures amid the pandemic, performing services and selling products online when possible and introducing additional safety measures when it’s not. Advertiseme...
Posted: Jun 21, 2020
As we entered 2020, the D&O market had been hardening since the spring of 2019, with some acceleration of price increases, many cuts in capacity on the more difficult risks, and underwriters pushing for higher retentions across several classes of...
Posted: Jun 21, 2020
On June 9, Beazley Breach Response (BBR) Services released their quarterly breach insights report for the first quarter of...
Posted: Jun 20, 2020
For many workers’ compensation insurers, PBMs play a big role in keeping drug spend down. PBMs negotiate prices with manufacturers and pharmacies and are able to provide payers with deals in many cases. Advertisement
Posted: Jun 19, 2020
So much of our risk management energy in the past few years has been focused on cyber risk and the trade-off we negotiate between technological risk and reward. But now we have another lesson about interconnectivity. International human-to-...
Posted: Jun 19, 2020
Those already in the brokering business know how meaningful a career it can be. It’s entrepreneurial by nature; it’s complex, challenging analytical and creative skill sets; and when a professional is in the business long enough, they find a satis...
Posted: Jun 19, 2020
As COVID-19 swept the nation, our entertainment industry broke down. Sporting events were cancelled; movie productions were shut down, TV series
Posted: Jun 18, 2020
Racism exists in the economic and political spheres, and yes — it exists in insurance. Advertisement
Posted: Jun 18, 2020
White Paper Summary
Posted: Jun 17, 2020
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Posted: Jun 17, 2020