Almost two years ago, Governor Gavin Newsom signed Assembly Bill (AB) 35 into law, reforming California’s Medical Injury Compensation Reform Act (MICRA) of 1975. As discussed in this previous blog about MICRA reform, the...more
Restricted stock units (RSUs) and other forms of equity-based compensation are creating a stir in the workers’ compensation marketplace, forcing insurance carriers to revisit whether to include them as payroll when...more
Before the calendar turned to 2023, we published a blog with five predictions for the casualty insurance market, with advice on how insureds could mitigate risk and best prepare for upcoming renewals. Now that we are more...more
Why is protecting biometric information so important? Biometrics rely on our physical features to securely gain access to sensitive data—think facial and iris/retina recognition, or fingerprint and even voice scanning. The...more
4/11/2023
/ Advertising Injury ,
Biometric Information ,
Biometric Information Privacy Act ,
CAN-SPAM Act ,
Class Action ,
Employment Policies ,
Fair Credit Reporting Act (FCRA) ,
Liability Insurance ,
Personal Information ,
Policy Exclusions ,
Policy Limits ,
Privacy Laws ,
TCPA
MICRA, or the Medical Injury Compensation Reform Act of 1975, is a California statute that limits the non-economic damages portion of medical malpractice claims with the intent of reducing tort liability for healthcare...more
In the 2022 casualty insurance market, we saw a continued increase in general, auto, and umbrella/excess liability rates, driven by a consistent rise in average claims costs. This was coupled with a mostly flat and highly...more
COVID-19 brought a heightened interest to the treatment of communicable diseases in casualty insurance policies during 2020. The Delta and Omicron variants have renewed attention to communicable disease exclusions and...more
Frequency of severity is back. Insurance buyers need to approach excess casualty renewals carefully to mitigate for loss trends and take advantage of a changing insurance market....more