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$200B in Projected Losses

Lloyd’s of London’s Forecast for the Insurance Industry Last week, Lloyd’s of London forecasted that the property and casualty insurance …

Personal Liability for Unpaid Wages in Bankruptcy

Last week, a bankruptcy court in New York found an individual executive personally responsible to pay the wages of the former employees o…

A Conversation with Berkshire Hathaway Specialty Insurance

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On Friday, April 24, 2020, CAC Specialty hosted a Property & Casualty marketplace update discussion with senior leaders at Berkshire Hath…

Public Companies Taking Federal Assistance Money are Taking Heat

Last week, Congress passed another stimulus bill designed in part to replenish the Paycheck Protection Program that provides loans to ass…

Tables Turned

Insurer Files Dec Action Against Insured Re COVID-19 Coverage We’ve touched on numerous declaratory judgment actions being filed by polic…

Update on Business Interruption Recovery Efforts:

As discussed in previous posts, businesses forced to close as a result of governmental orders related to COVID-19 are pursuing every aven…

CAC Specialty’s D&O Claims Update

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On Tuesday, April 14, 2020, CAC Specialty hosted a D&O Claims Update with four senior claims professionals in the industry. We were thri…

CAC Specialty’s D&O Webinar: Part 2

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CAC Specialty’s D&O Market Update: On Friday, April 3, 2020, CAC Specialty hosted the second of two D&O Market Updates with some of the m…

Continued impacts of COVID-19…

COVID-19 Impact on Public Companies According to a report in the Wall Street Journal this morning, since the beginning of the pandemic: j…

News & Views: Issue 1, 2020

Welcome to CAC Specialty’s latest edition of News & Views, a publication covering legal news, developments, and trends in executive, employment, crime, and cyber liability. As this document “goes to print,” the United States and the entire world are feeling both the physical and financial impacts of COVID-19. CAC Specialty is closely monitoring the virus…