CAC Connects
There has been no material movement on the stimulus package that we have been discussing for the past few weeks. Reports have indicated,…
We are pleased to share our most recent webinar with Dr. Kelley Munger in which she provides insight and suggestions to help reduce anxiety and build resilience during stressful times. We are thankful to share this content will all our employees, colleagues and friends and hope that it provides some guidance as we all strive…
We were hoping to have some good news from Congress last week on the next COVID-19 stimulus package, but as of Friday, July 31, 2020, nad…
Late last week, Congress adjourned without reaching a deal on the next pandemic stimulus package. Over the weekend, President Trump took…
The E&O and Cyber insurance market remains in flux. Most Cyber insurers argue there is a need to correct pricing and retentions, but are pressured by competition and plentiful capacity on programs with less than $250 million of limit. The E&O market segment has been more successful in securing single to low double-digit increases,…
But first… Update on Financial Conduct Authority’s Test Case: As mentioned in an earlier post, the UK’s Financial Conduct Authority (FC…
Michael Wakefield joined other industry leaders in a Financier Worldwide roundtable discussion on Managing Transactional Risk. In the August 2020 Publication, the panelists address how the transactional risk insurance market has continued to innovate amidst the COVID-19 crisis, and particularly how buyers and sellers are relying even more on representation & warranty insurance, tax insurance…
Community service is a cornerstone of CAC culture. As a company, CAC Specialty is striving to support our communities through organizations established to help people in need. In conjunction with the American Red Cross, we have organized a “SleevesUp” campaign. We work together every day to do important work, but today, we want to accomplish…
Hope you and your family are able to take some time as well. CAConnect is back, and here’s what we are thinking about… Michigan Court Rul…
We are taking a break from COVID-19 news today and focusing on two recent cases, one just decided and one just filed. That does not mean…