Intel

Inside This Article: Demand for senior care is rising as the number of older Americans grows. Recent data shows that senior care claims are becoming more costly and taking longer to resolve. Professional Liability Insurance and Commercial General Liability (CGL) Insurance can respond to claims involving resident injuries and other incidents. Proactive risk management and working with a specialized insurance broker can help facilities navigate tightening underwriting…

Professional Liability market conditions remain competitive, with strong capacity and rates generally stable to soft across many lines. Click through for insights on AI-related liability exposures, evolving Cyber risks, social engineering threats, and other trends shaping the Professional Liability market.  

Scenario 1: A consulting firm delivered a government-commissioned report containing apparent AI-generated mistakes, including a fabricated quote and references to research that did not exist. RELATED STATS: Shareholder actions, reputational harm, and other losses can follow when a company or its vendors misuse AI. According to a McKinsey survey, about 88% of organizations are using AI in at least one business function. SOLUTION:…

Key Takeaways Rate trends are diverging across the Property & Casualty (P&C) marketplace, with rapidly decelerating Property pricing and continued moderation in most Liability lines. Property market conditions continue to improve, supported by recent mild catastrophe activity and favorable outcomes from the July 1 reinsurance renewals, although pricing and capacity remain highly sensitive to regional weather patterns and future catastrophic events. …

In our recent Q3 P&C Market Outlook webinar, Ryan Ascenzo, Senior Broker, Professional Liability, Burns & Wilcox, Brokerage Division, New York, New York, discussed how AI is influencing emerging cyber exposures and what that could mean for Cyber Insurance going forward. Watch a highlight from the discussion below. https://vimeo.com/1208796170/7fa70debfb?share=copy&fl=sv&fe=ci

Softening Property rates, catastrophe exposures, and evolving underwriting priorities are creating new challenges and opportunities across the insurance marketplace. Watch the Q3 2026 P&C Market Outlook recording for expert insights on: Property market conditions and weather-driven trends Casualty market competition and changing carrier appetite Professional Liability developments, including Cyber, D&O, EPLI, and AI-related exposures Strategies for building stronger submissions and…

Scenario 1: A subcontractor goes bankrupt mid-project, leaving a contractor with incomplete work and missing materials. RELATED STAT: According to a 2024 survey by the Associated General Contractors of America, 70% of contractors reported an increase in subcontractor defaults, with half experiencing project delays or cancellations as a result. SOLUTION: Professional Liability Insurance, such as Errors & Omissions (E&O) coverage,…

Why It Matters: Construction risk extends well beyond jobsite injuries and physical damage. Design decisions, subcontractor errors, and project management oversights can create liability exposures that may not become apparent until months or years after a project is completed. While construction firms typically carry Commercial General Liability (CGL) Insurance to cover third-party property damage and bodily injuries, many losses in this industry stem from…

Why It Matters: Medical spas continue to expand the range of services they offer, from aesthetic procedures to weight loss, IV therapies, and alternative, regenerative, or off-label treatments. As offerings evolve, coverage may be impacted by how services are delivered, who performs them, and whether treatments—including non-FDA-approved or compounded products—are disclosed and contemplated within the policy. Policies may include exclusions, limitations, or require specialized coverage to address…

Why It Matters: A fire, severe weather event, cyberattack, equipment breakdown, or other loss can halt a company’s operations instantly, stopping revenue while expenses continue to build. Even short-term downtime can create significant financial strain as payroll, rent, and vendor payments remain due. Business Interruption Coverage can help replace lost income and cover ongoing operating expenses, so a business can remain stable while recovery…

Scenario 1: An assisted living facility is sued over alleged malpractice after a resident’s death following a fall injury. RELATED STAT: A wrongful death lawsuit can lead to millions of dollars in damages, in addition to reputational harm. SOLUTION: A Medical Professional Liability Insurance policy can help pay for legal defense, settlements and more. Excess Liability Insurance may also be…

Inside This Article: Several California residents are suing two healthcare systems over allegations that an AI transcription tool recorded their visits without consent. Older privacy laws are frequently being applied to modern AI tools and data collection practices. Healthcare organizations should review Cyber, Privacy, and Healthcare Liability Insurance coverage to understand potential gaps tied to AI-related privacy claims. Companies implementing AI…