Archive for March 2020
Insurers Looking For Slight Increases After Several Quarters of Decreasing Price and Increasing Coverage
Continued market hardening in all lines of coverage, most notably in Directors & Officer’s liability, has created a market dynamic where Cyber insurers may begin to seek modest rate increases across their portfolios in 2020 and 2021. While we expect most of our strategic insurer partners to differentiate clients and not paint all customers with…
Read MoreCAC Specialty Announces Appointment of Carrie O’Neil as Senior Vice President
DENVER, CO – March 9, 2020 – CAC Specialty is pleased to announce the appointment of Carrie O’Neil as Senior Vice President in its Financial Lines Legal and Claims Practice. O’Neil joins CAC with experience on both the brokerage and insurer sides of the insurance industry. Most recently, O’Neil was a Senior Vice President at…
Read MoreRepresentation & Warranty Market Update – Q1 2020
Contents include: RWI growth in 2019 Range of Deal Sizes Expands Energy Healthcare Cannabis
Read MoreD&O Price Increases Accelerate in the First Two Months of 2020
Premiums for Directors & Officers liability insurance have generally been increasing for the last 18 months. Primary premiums have increased gradually, approximately 3 – 5% each quarter over the last 5 quarters, though on an annual basis the compounded increase is more dramatic. For companies with no adverse development in their risk profile, primary premiums…
Read MoreCAC Specialty Expands Environmental Practice Group with Addition of John Kim
SAN FRANCISCO, CA – February 18, 2020 – CAC Specialty is pleased to announce the appointment of San Francisco-based John Kim as Senior Vice President within its Environmental Practice Group. With more than 25 years’ experience in the environmental space, John brings an added depth to the Environmental Practice Group – that of a senior-level…
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