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How Digitization Is Driving Cyber Risk for Motor Carriers

How Digitization Is Driving Cyber Risk for Motor Carriers

Motor carriers have traditionally been paper-based businesses with bills of lading, inspection reports, delivery receipts, and other necessary operational documents kept in tangible files. As more trucking businesses go digital, they are entering a new world of improved efficiency that also comes with larger data volume and increased cyber risk.

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State of the Market: D&O Liability

State of the Market: D&O Liability

Many are finding that the marketplace for Directors and Officers (D&O) liability insurance is easing in the final quarter of 2022. New entrants to the space are competing for accounts, and underwriters are becoming more comfortable with certain risk classes. Trend data compiled and tracked by CRC Group indicates average renewal rate increases are slowing, and more accounts are renewing with flat to small increases compared with earlier in 2022 (source 1).

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The Challenges of Insuring Healthcare Staffing Companies

The Challenges of Insuring Healthcare Staffing Companies

The pandemic exacerbated healthcare staffing shortages, pushing many organizations to rely on staffing agencies for help. However, this can increase the risk of claims. Because claim severity continues to be an issue, many markets have narrowed their appetite or chosen to exit the sector entirely, creating a harder insurance landscape for healthcare staffing.

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Ransomware Sublimits Can Have a Big Impact on Cyber Clients

Ransomware Sublimits Can Have a Big Impact on Cyber Clients

Modern cybercrime is constantly evolving to produce more complicated, stealthy attacks with devastating and costly consequences for companies that fall victim. Cybercrime cost U.S. businesses more than $6.9B in 2021. Even so, only 43% of businesses report feeling financially prepared to face a cyberattack in 2022 (source 1).

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Utilizing Assessments to Help Prevent Behavioral Health Violence Claims

Utilizing Assessments to Help Prevent Behavioral Health Violence Claims

Behavioral healthcare providers can help mitigate growing violence rates by adequately assessing the risk of violence a patient presents toward others. The right behavioral healthcare assessments can help protect people from harm and prevent professional liability claims.

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Train Derailment Impacts on Environmental Insurance Liability
Train Derailment Impacts on Environmental Insurance Liability
Social Engineering & Cybercrime Remain Top Cyber Insurance Concerns
Social Engineering & Cybercrime Remain Top Cyber Insurance Concerns
California Law Changes Create Uncertainty for Trucking Industry
California Law Changes Create Uncertainty for Trucking Industry
Cannabis State of the Market
Cannabis State of the Market
Property REDY® Index April 2023
Property REDY® Index April 2023
Private D&O REDY® Index April 2023
Private D&O REDY® Index April 2023
Cyber REDY® Index April 2023
Cyber REDY® Index April 2023
Florida Aims to Rebuild Homeowners Market with Reform Law
Florida Aims to Rebuild Homeowners Market with Reform Law
Telemedicine Is Here to Stay & It’s Impacting the Insurance Needs of Healthcare Providers
Telemedicine Is Here to Stay & It’s Impacting the Insurance Needs of Healthcare Providers
Simple Steps to Help Take the Bite out of Workers’ Compensation Losses
Simple Steps to Help Take the Bite out of Workers’ Compensation Losses
2023 State of the Market at a Glance | Casualty, Construction, ExecPro, Healthcare, Personal Lines, & Property
2023 State of the Market at a Glance | Casualty, Construction, ExecPro, Healthcare, Personal Lines, & Property
Many SPACs Wind Down While Litigation May Loom for Others
Many SPACs Wind Down While Litigation May Loom for Others