News & Analysis as of

Contract Renewal Insurance Industry

Woodruff Sawyer

[Webinar] D&O Insurance Trends Looking Ahead to 2024 - September 26th, 10:00 am - 11:00 am PT

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The softening D&O market has continued into 2023, with 91% of our clients experiencing a cost reduction in their renewal in the first half of the year. Self-insured retentions have also continued to fall. The soft market is a...more

Lowenstein Sandler LLP

A Day In the Life Of An Insurance Broker When the Building Is On Fire

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Lynda A. Bennett talks with Matt Kerman, Broker with ARC Excess & Surplus, about coverage emergencies, and how to streamline the process of securing coverage “while the fire alarms are ringing and smoke is filling the room.”...more

Lowenstein Sandler LLP

Insurance Renewals: Know When to Hold ‘ Em, Know When to Walk Away

Every company must go through the annual ritual of assessing their insurance renewals: when should you start these discussions, and when should you consider changing carriers? Host Lynda A. Bennett talks with Joseph Saka,...more

Lowenstein Sandler LLP

The D&O Renewal Market: Will the Wild Ride of Premium Increases, Stretched Capacity and Restrictive Terms Continue?

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After the unprecedented challenges 2020 brought to every business and industry, many companies saw increases in their premiums and self-insured retentions. Many companies are now going into their next D&O insurance renewal...more

Downs Rachlin Martin PLLC

2019 Final Legislative Update for Commerce - Final Analysis from DRM's Government & Public Affairs Team

Early in the session, the House Commerce and Economic Development Committee established workforce development as its priority. The committee took weeks of extensive testimony on the workforce issues facing Vermont. ...more

Locke Lord LLP

LL Surplus Lines Series (Entry 7): Applicability of Cancellation and Nonrenewal Requirements to Surplus Lines Insurers and recent...

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Cancellation and nonrenewal requirements applicable to insurance policies exist in every state in the nation. These laws and regulations are founded on the principle that insurance customers should be protected against...more

Nossaman LLP

Renewal Notices Must Warn of Major Changes in Coverage

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California Insurance Code §678 provides as to personal lines policies (such as homeowners, auto or personal liability): “(a) At least 45 days prior to policy expiration, an insurer shall deliver to the named insured…(1) an...more

Neal, Gerber & Eisenberg LLP

Best Practices for Protecting Your Company With a Successful Insurance Renewal

Many in-house attorneys and risk managers follow the same ritual each year when renewing their company’s insurance policies: they look at a few insurance proposals, compare premiums, and then put their renewal policies in a...more

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