COVID-19 has infected millions of people and has taken so many lives around the globe. Unwilling to stand by and do nothing as the economy and our communities struggle, companies all around the U.S. are looking for ways to help fight the virus, ensure business continuity, and keep generating revenue.

Will premiums increase? Are terms and conditions changing? What lines of business have limited markets? Which lines of business have excess capacity? Here’s what clients can expect in the marketplace for 2020 in a quick and easy to read reference guide.

Healthcare organizations, already under financial pressure from the changing reimbursement system, now face a hardening D&O liability insurance marketplace. In this article, CRC offers insights on how retail agents can help their insureds navigate the difficult environment.

The health care sector is caught in the crosscurrents of the opioid crisis. Easing pain is an integral goal of medical treatment, and when it comes to severe pain, prescription opioids have proven very effective. Opioid pain relievers, however, can be highly addictive and are often abused.

A market correction in liability insurance for senior living care facilities is already underway. Accounts in this segment are beginning to see steep increases at renewal. Continuing claims frequency and increasing severity in senior services are prompting insurers to raise the cost of coverage. Retail agents can provide valuable guidance to their clients through these changing conditions. Providing underwriters with additional details — especially about improvements to facilities’ operations and staffing procedures — can enhance a client’s risk profile and result in more favorable consideration of the client’s account. Here are some tips to prepare operators of senior living care facilities for the market shift and to state their case to underwriters.