Insights
Industry News &
Company Updates
Environmental Insurance Market Update
Even as the property and casualty insurance market has recently seen significant increases in premiums, the environmental insurance market has remained stable during the first two quarters of 2023. Still, our clients are strategically locking…
CAC Specialty Strengthens Healthcare Practice with Erin McDevitt as Senior Vice President
NEW YORK, Jun. 19, 2023 — CAC Specialty, an integrated specialty insurance brokerage, announced the appointment of Erin McDevitt as Senior Vice President to the company’s rapidly expanding healthcare practice. In this role, McDevitt will…
CAC Specialty & Cobbs Allen Celebrate Inaugural Impact Day 2023
Our first Impact Day was a tremendous success, with an outstanding turnout from our Cobbs Allen and CAC Specialty colleagues. A big thank you to the DE&I Committee, CAC Cares, and Cobbs Give Back, who…
Natural Catastrophe Sublimits: Determining How Much Insurance To Buy In A Turbulent Insurance And Project Finance Environment
Recent renewable energy project finance transactions have highlighted the potential discrepancy between what renewable energy project stakeholders would like in an insurance program and what the insurance market is willing to provide. Nowhere is this…
CLIENT ALERT: Starbucks and Home Depot: Lessons in Employment Practices Liability Coverage
June 2023 saw nearly $100 million in awards and settlements combined between two notable cases against Starbucks and Home Depot. The availability of Employment Practices Liability coverage for these amounts is not public information. However,…
CAC Group Announces Two Key Leadership Appointments: Eric Joost as COO and Grantland Rice, IV as CAO
DENVER (June 22, 2023) — CAC Group, a national insurance brokerage business that includes CAC Specialty, Cobbs Allen, and Dorset Peak, announced today two leadership appointments. Eric Joost, will serve as Chief Operating Officer and…
CAC Specialty’s Contingent Risk Group Awarded Business Insurance Innovation Award
DENVER (June 15, 2023) — Business Insurance honored CAC Specialty’s Contingent Risk Group with the 2023 Insurance Innovation award for CAC’s forward-thinking Intellectual Property Portfolio Insurance solution. The awards program, which is in its 14th…
CAC Group Strengthens Financial Resources with Expanded Syndicated Loan
Denver (June 12, 2023) – CAC Group, a national insurance brokerage business that includes CAC Specialty, Cobbs Allen, and Dorset Peak, announced today the successful expansion of its syndicated loan facility, further bolstering its financial…
CLIENT ALERT: Astellas Decision Has Profound Insurance Coverage Implications For Companies That Do Business With The Federal Government
A recent decision by the U.S. Court of Appeals for the Seventh Circuit will likely have profound insurance coverage implications for companies that do business with the federal government, including those in the healthcare, general…
CAC Specialty’s Wakefield, Regueiro and Cybart Named Rising Stars from Risk & Insurance’s Power Brokers
CAC Specialty, an integrated specialty insurance brokerage offering bespoke insurance and alternative risk financing solutions, is proud to announce three brokers named as Rising Stars by the Risk & Insurance® Power Broker® award program. Risk…