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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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Homeowner Association D&O Market Tightening

Homeowner Association D&O Market Tightening

Since the 1970s, American neighborhoods have been increasingly governed by homeowner associations (HOAs)(source 2). Condominium or apartment buildings and subdivisions are often run by an HOA led by a board of directors comprised of a small group of volunteer homeowners (source 1). The nature of an HOA's responsibilities can be broad, ranging from establishing an annual budget and collecting dues or fees to maintaining common areas, enforcing rules or regulations, and more. With much to do and a wide variety of preferences under their prevue, HOAs often cannot please every homeowner.

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Cyber Loss Control: Security Scans Have Pros and Cons

Cyber Loss Control: Security Scans Have Pros and Cons

Prevention or mitigation of a cyber event begins with an organization recognizing its unique vulnerabilities and how to address them through cyber risk management. An increasing number of cyber underwriters are utilizing security scans during the application process to identify these weaknesses. The results are often used to make underwriting decisions, and clients are typically required to favorably address issues prior to binding coverage.

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Representations & Warranties Coverage Protects M&A Deals

Representations & Warranties Coverage Protects M&A Deals

The representations and warranties put forth by a seller are critical components of business mergers and acquisitions (M&A). In a traditional M&A transaction, the seller agrees to indemnify the buyer for a set period of time against breaches of their representations and warranties. The indemnity is often backed by an escrowed portion of the proceeds otherwise payable at closing. This usually amounts to around 10% to 15% of the proceeds for 1 – 2 years. However, the emerging use of representations and warranties insurance is changing or eliminating this traditional structure for many M&A deals (source 1).

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Possible Insurance Implications of Roe v. Wade Overturn

Possible Insurance Implications of Roe v. Wade Overturn

In May, when a draft of the Supreme Court’s decision regarding abortion rights was leaked to the public, many companies began preemptively considering the impact on employees should the decision to overturn Roe v. Wade come to fruition (source 6). After the U.S. Supreme Court officially struck down Roe vs. Wade in June, shockwaves were felt across the country. While initial reactions have been diverse, companies around the nation are attempting to find the appropriate balance in responding to the ruling and supporting employees without wading too far into the political debate or further inflaming tensions (source 3).

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