An expert’s guess on how long the D&O hard market will last
June 16, 2021 by Adam MalikWhile things may not get any worse in the directors and officers (D&O) liability market, it’ll still be about another 18 months until things start to turn for the better, an expert in the area predicted. “I don’t see it…
Tips on securing D&O coverage in a pandemic
June 7, 2021 by Adam MalikMired in a hard market, brokers need to give twice the typical amount of lead time these days when contacting underwriters to secure directors and officers (D&O) coverage for clients, according to a broker expert. The D&O market will remain…
What’s needed to alleviate municipal insurance pressure
May 25, 2021 by Adam MalikMunicipal insurance rates have been rising significantly and the only way to bring them down isn’t only in the hands of the insurance industry, according to a brokerage leader. It’ll take a team effort from multiple parties. Canadian municipalities have…
Coverage that you should be discussing with your commercial clients
May 17, 2021 by Adam MalikBrokers exploring new ways to protect their commercial clients should be making “malicious attack” coverage part of the conversation, a risk expert advises. But it can be a tricky conversation for brokers to have. Clients may think they can’t afford…
Municipal insurers heading for the exits, broker exec reports
May 11, 2021 by Adam MalikA decade of sliding down a slippery financial slope has prompted insurers to run for the exits in the municipal insurance line of business. A number of companies have exited the market, with more possibly to follow, leaving brokers with…
Terrorism coverage that Canadians may not know about
May 4, 2021 by Adam MalikCiting very tight definitions of the types of incidents that would trigger a terrorism policy, an expert is advising P&C industry professionals to help commercial clients get additional coverage, providing a wider scope of protection. Several exclusions and definitions currently…