by Jennifer Schuler | December 3, 2018 | Casualty, Construction, Corporate Governance & Risk Management, Cyber & Technology, Directors & Officers, Energy, Food Safety, Global Risk, Insurance Market, Marine, Product Recall, Property, Real Estate, Risk Management, Surety, Transportation, Uncategorized, Workers' Compensation
Despite strong financial performance, the US property and casualty (P&C) market is still in a modest transition, as there is a continued increase in the frequency of severe claims and a prolonged period of large weather events. This is leading the market to be...
by Jared Wosleger | December 21, 2017 | Cyber & Technology, Financial & Executive Risk, Property, Risk Management, Uncategorized, War & Terrorism
Are you aware that most of the first party cyber incidents have created greater financial impact to companies than just a breach of Personally Identifiable Information (PII)? Recent events have demonstrated that Operational Technology is becoming an increasing...
by Lockton Companies | October 31, 2017 | Casualty, Cyber & Technology, Property, Risk Management, War & Terrorism, Workers' Compensation
Market Shift Ahead? Recent catastrophic storms, earthquakes and fires have wreaked havoc on communities across the US, Mexico and the Caribbean. What effect this will have on the global insurance market is just starting to emerge. Lockton’s October 2017 P&C...
by Maggie Flynn | July 26, 2017 | Casualty, Cyber & Technology, Property, Risk Management, Uncategorized
The home sharing economy has brought about a new model for accommodation provision. Through online platforms, people who have a place to stay are connected to those who are willing to pay for a place to stay. Home sharing sites like Airbnb, VRBO and HomeAway have been...
by Ben Beeson | May 13, 2017 | Cyber & Technology, Financial & Executive Risk, Property, War & Terrorism
On May 12th 2017 a new strain of the Ransom.CryptXXX (WannaCry) began spreading widely impacting a large number of organizations, particularly in Europe. WannaCry encrypts data files and, according to latest reports, asks users to pay a $300 ransom. WannaCry exploits...
by Lockton Companies | April 21, 2017 | Casualty, Cyber & Technology, Financial & Executive Risk, Food Safety, Insurance Market, Mergers & Acquisitions, Property, Real Estate, Regional, Transportation, War & Terrorism, Workers' Compensation
Capacity and growth in commercial insurance create a buyer’s market Market conditions still continue on the path that supports favorable pricing, coverage terms, and program structures that benefit many buyers. Lockton’s April 2017 P&C Market Update states...
