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A Roadmap to Finding and Negotiating Pollution Coverage for Covid-19

As we grapple with the human and personal effects of COVID-19, the pandemic is forcing companies to closely examine their corporate insurance programs to determine where, if at all, coverage can provide some relief to the economic losses that COVID-19 will cause. One of the best places to start is by reviewing your pollution legal…

CAC Specialty and Fortress Equipped to Provide Financing Amid COVID-19 Impacts

CAC Specialty, through its strategic relationship with Fortress, is equipped to provide financing for CAC clients facing liquidity pressure due to the direct and indirect impact from COVID-19 DENVER, CO – March 18, 2020 – CAC Specialty previously announced the formation of a strategic relationship with funds managed by affiliates of Fortress Investment Group LLC…

CAC Specialty Broker Grant Nichols Recognized as a 2020 Environmental Power Broker

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We are thrilled to announce that our own Grant Nichols was named a 2020 Power Broker by Risk & Insurance. Grant joined CAC Specialty’s environmental group in 2019 and brings over fifteen years of experience in crafting risk management solutions for business issues, both as an attorney and as an insurance broker. Specializing in environmental…

Insurers Looking For Slight Increases After Several Quarters of Decreasing Price and Increasing Coverage

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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…

CAC Specialty Announces Appointment of Carrie O’Neil as Senior Vice President

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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…

Representation & Warranty Market Update – Q1 2020

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Contents include: RWI growth in 2019 Range of Deal Sizes Expands Energy Healthcare Cannabis

D&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…

CAC Specialty Expands Environmental Practice Group with Addition of John Kim

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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…

CAC Specialty and Cobbs Allen Announce Chris Trotter as Chief Financial Officer

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CAC Specialty and Cobbs Allen are pleased to announce the appointment of Chris Trotter as Chief Financial Officer and member of the Executive Committee for both firms. In his new role, Trotter will oversee the financial operations of both CAC Specialty and Cobbs Allen, lead the Capital Markets efforts of both companies, liaise with financial…

CAC Specialty Expands Private Equity Focus with Addition of Ned Murphy and Dan Lehmann

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CAC Specialty continues to expand its M&A Solutions specialty with the additions of Ned Murphy and Dan Lehmann. Both Murphy and Lehmann join as Senior Vice Presidents with a focus on business development and client service. In their roles, Murphy and Lehmann will work closely with CAC’s M&A Solutions team and Investment Banking platform, focusing…