by Don Glazier | September 19, 2016 | Cyber & Technology, Financial & Executive Risk, Uncategorized | 0 Comments
Banks, insurance companies and other financial service companies licensed or chartered by the state of New York will likely soon face increased cybersecurity requirements. Two years in the making, New York’s Governor Cuomo announced proposed cybersecurity... read more
by Sheri Wilson | September 2, 2016 | Environment, Marine, Property, Real Estate, Uncategorized | 0 Comments
At Lockton, we’re ready to help evaluate your claim if you’ve suffered loss in the recent storms. We’ll work with you and your adjuster to fully explain the steps that need to be taken. For more details about how to prepare your insurance claim,... read more
by Guilherme Perondi | August 30, 2016 | Insurance Market, Latin America Market Update, Trade Credit | 0 Comments
In many countries there is a direct correlation between GDP variations and corporate insolvencies. There is a benchmark found in some studies which states that for each drop of 1% in the GDP there is an increase of 5% to 10% in corporate insolvency levels.... read more
by Dean Davison | August 16, 2016 | UK (United Kingdom) | 0 Comments
Brexit: The Lockton Way The initial economic and emotional response to the UK’s vote to exit the EU is now behind us, leaving much conjecture and ambiguity. One certainty is that Lockton continues to work closely with its clients to inform, manage and where possible,... read more
by Lori Severson | August 15, 2016 | Healthcare, Uncategorized | 0 Comments
The Federal Occupational Safety and Health Administration (OSHA) has passed a final rule effective Jan.1, 2017 regarding electronic OSHA 300 log reporting. While the new electronic OSHA 300 log reporting requirements will be phased in during the next two years, there... read more
by Ian Harrison | August 2, 2016 | Food Safety, Uncategorized | 0 Comments
Recalls are on the rise, yet approximately half of companies in key consumer industry segments lack proper risk management. Without it, a recall can push a successful company into a downward spiral that may be impossible to reverse. The price of... read more
by Andy DiOrio | July 22, 2016 | Insurance Market | 0 Comments
Lockton has released its July 2016 P&C Market Update, and after another year of underwriting profits and strong capitalization, the current property/casualty marketplace remains very competitive through the first half of 2016. Two of the largest... read more
by Dean Davison | June 29, 2016 | UK (United Kingdom) | 0 Comments
The UK vote to exit the European Union may ultimately have far-reaching implications for businesses around the world. The vote has created uncertainty. The best response is to remain calm and avoid hasty decisions that may not be in your best interest. Lockton is... read more
by Dean Davison | June 24, 2016 | Insurance Market, UK (United Kingdom) | 0 Comments
The UK vote to exit the EU (Brexit) has sent shudders through financial markets and created a cascade of political changes. Our clients face an array of short-term challenges with foreign exchange volatility especially in the core currencies of the sterling,... read more
by Mark Mullervy | May 31, 2016 | Energy, Uncategorized | 0 Comments
The insurance market continues to feel the pain of the industry down-turn. The supply and demand imbalance for the past 18-24 months has continued unabated. The market is still characterized by drastic over-capacity and demand that has fallen off a cliff. CAPEX is... read more
by Mark Mullervy | May 23, 2016 | Energy | 0 Comments
More egregious than the US Government cracking down on banks for being overly optimistic with their loans, has been the direct influence of regulators on the wider operations of energy firms. Especially with respect to their surety / bonding obligations. Nowhere has... read more
by Mark Mullervy | May 16, 2016 | Energy | 0 Comments
As we entered 2016, crude oil sat at $33 per barrel, down from more than $100 as recently as summer 2014. The naysayers in January, Goldman Sachs among them, predicted a plunge into the $20s, if not lower. Bearish sentiment crept beyond energy markets as the Dow sold... read more
