CAC Connects
CAC Specialty, an integrated specialty insurance brokerage, welcomes John Ritter as a Senior Vice President, Risk Control, for CAC Specialty’s Natural Resources practice group. Ritter brings 34 years of industry experience and a wealth of knowledge in risk control, construction, mining, and oil and gas industries. He most recently served as the Senior Vice President…
Recently, employees of Samsung were reported to have exposed internal confidential corporate information, including meeting documents and source code, via their use of ChatGPT. Many people continue to experiment with new artificial intelligence/machine learning (AI/ML) tools like ChatGPT, especially the 4.0 version. While there is a lot of potential to create greater efficiencies in the…
The official start of Hurricane Season isn’t until June, but it may be more than the Southeast that’s facing a storm this summer and fall. With interest rates expected to peak over the next two months1 , we may start to see the collateral effects of bringing down inflation come through… When recessions occur, they…
Renewable Energy Project Risk & Insurability in a Turbulent Insurance Market One of the most exciting technological developments of recent years is the rapid expansion and use of battery energy storage systems (BESS) to enhance traditional power generation and renewable energy projects while providing grid stability. The global battery energy storage market is projected to…
Aliyah Bradford, a member of the CAC Specialty and Cobbs Allen HR Team and Co-Leader of the DE&I committee interviews Michael Rice, the CEO of CAC Specialty, about the state of DE&I in the insurance industry. Michael discusses his evolving understanding of DE&I and CAC Specialty’s steps to address these issues.
Aliyah Bradford, a member of the CAC Specialty HR Team and Co-Leader of the DE&I committee interviews Michael Rice, the CEO of CAC Specialty, about the state of DE&I in the insurance industry. Michael discusses his evolving understanding of DE&I and CAC Specialty’s steps to address these issues. Featuring: Michael Rice, CEO of CAC Specialty…
CAC Specialty Expands Natural Resources Team with New Account Executive, Vice President Chirag Patel
CAC Specialty, an integrated specialty insurance brokerage, welcomes Chirag Patel as Vice President and Account Executive within the Natural Resources division. Patel brings more than a decade of energy-dedicated insurance experience through a combination of underwriting and retail broker services, most recently serving as a Vice President at Aon with a focus on oil and…
A national specialty insurance brokerage and investment banking business, is proud to name five brokers as Winners of the Risk & Insurance® Power Broker® award program. CAC Specialty is also proud to recognize three others who were selected as Finalists. Risk & Insurance recognizes these brokers for their innovative solutions for clients, industry expertise, customer…
Eleven directors serving on Shell’s board have been named in a derivative lawsuit filed in the UK alleging mismanagement of climate risk, representing a breach of duties under the UK Companies Act. The claim was brought by environmental law firm ClientEarth, a shareholder of Shell, with support by several other large institutional investors. Shell has…
Weathering Renewable Energy Project Risk & Insurability in a Turbulent Insurance Market Another year, another roller coaster for renewable energy deployment. The significant tailwinds offered by the implementation of the Inflation Reduction Act and other regulatory incentives are up against the negative impacts of supply chain costs, inflation, labor force challenges, geopolitical forces and rising interest rates. In addition, there is another threat…