For hedge funds, protecting assets under management is a tall order in an environment where increasing liability exposures can erode them. Being subjected to costly lawsuits has become a cost of doing business. CRC offers expert insights on why D&O and E&O insurance are important tools to protect hedge funds.

While attention focused on the wild swings in financial markets at the start of the new year, the construction industry is starting off 2019 on a firm foundation with a strong, if somewhat decelerating, outlook.

Commercial auto has always been a risky business, and it’s getting more difficult to insure. Insurance markets are becoming highly selective about auto liability risks as loss costs climb sharply. Retail agents need to help their insureds understand that the marketplace is changing, but they still have options to navigate challenging conditions.

Homeowners seeking to bring in extra income by renting their homes through sharing services often don’t realize the serious financial risks they’re running. Homeowners assume their insurance will protect them when their home is rented, but the reality is they may be liable for any damages or injuries on their property while renters are staying there. Most homeowners’ policies have property and liability exclusions for business use, including rentals. This includes vandalism and theft of personal property while rented. Home-share sites may offer to repair or replace damage caused by a guest, but those promises aren’t an insurance policy, and homeowners will have to carefully follow the requirements to obtain reimbursement.

Active assailants continue to threaten businesses, houses of worship, schools and public events across the United States.