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Professional Liability Practice Press Release

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CAC Specialty Hires Jordan B. Tamchin to Lead its Tax Insurance Practice

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CAC Specialty announces the expansion of its Transactional Liability Practice with the appointment of Jordan B. Tamchin, Esq. as Senior Vice President and leader of its Tax Insurance Practice. Most recently, Tamchin was Vice President, Tax Insurance Counsel for Concord Specialty Risk, a part of Ryan Specialty Group’s RSG Underwriting Managers, where he underwrote a…

News and Views Newsletter: Dec, 2019

Contents include: Mandatory arbitration provisions in erisa class actions Delaware supreme court: What is a “Securities Claim?” California supreme court: Notice-prejudice rule overrides choice-of-law provision 10 ways to screw up your insurance recovery

CAC Specialty Establishes a Leading Specialty Environmental Risk and Insurance Group

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CAC Specialty is pleased to announce the appointment of Gregory Schilz as Executive Vice President to lead the firm’s newly-formed Environmental Practice Group, along with Senior Vice Presidents Grant Nichols and Brian Lu. The group is a national practice focused on crafting risk management solutions for clients who own, purchase, develop, and operate properties and…

CAC Specialty Establishes Strategic Relationship with Fortress Investment Group

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CAC Specialty, a first-of-its-kind platform combining insurance brokerage, investment banking and structured finance capabilities, today announced the formation of a strategic relationship with funds managed by affiliates of Fortress Investment Group LLC (“Fortress”). The strategic relationship with Fortress, which previously provided financing for the formation of CAC Specialty will allow CAC Specialty to support the…

CAC Specialty Hires Chelley Schaper to Lead Real Estate Practice

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CAC Specialty is pleased to introduce Chelley Schaper as our newest Senior Vice President. Schaper brings more than 20 years of experience, including 16 years at Lockton working with complex risk accounts, with a specialization in the real estate industry. Most recently, Schaper founded a technology platform for the health and wellbeing company, ActiveSoul, Inc,…

CAC Specialty Welcomes Brad Elliott as Senior Vice President

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CAC Specialty is pleased to welcome Brad Elliott to the team as Senior Vice President and Team Leader. Elliott’s focus will be on the full spectrum of risk solutions to solve clients’ complex risk challenges. “As CAC Specialty continues to grow, we remain committed to being the broker of choice for the top talent in…

CAC Mentioned in Business Insurance

CAC Specialty was recently recognized by Business Insurance. Several insurers and brokers attending the Insurance Leadership Forum in Colorado Springs, Colorado, last week were launching and promoting new strategies and services to executives at the meeting. Recently launched units, expansion of underwriting areas and efforts to streamline business processes were all discussed during private meetings…

CAC Specialty Announces Financial Sponsors Group

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CAC Specialty today announced its newly-formed Financial Sponsors Group (“FSG”), a dedicated team providing insurance and capital market solutions to the private equity community. “We couldn’t be more excited to launch FSG,” said Mike Rice, CAC Specialty’s CEO. “We are fully committed to bringing together the best talent in the industry to serve our financial…

News and Views Newsletter: Oct, 2019

Contents include: Appraisal actions are ‘securities claims’ under D&O policies No coverage for class action alleging ‘related wrongful acts’ D&O policy’s bankruptcy exclusion is a prohibited ipso facto clause Fifth Circuit rules securities exclusion bars coverage for sellers’ alleged misrepresentations D&O coverage precluded by health care exclusion and related wrongful acts Delaware supreme court reverses…