Calling a performance bond involves a delicate balance of factors. Such evaluation is not simplified by the COVID-19 pandemic. In this Quick Overview, please assess key issues regarding bonds in this context.
In this multi-jurisdictional guide, explore an overview of key legal issues, rules and developments regarding insurance and reinsurance across a range of jurisdictions.
Under the new stimulus law, employers must make available temporary COBRA premium subsidies and special COBRA enrollment rights to eligible individuals. Employers are entitled to a refundable payroll tax credit for the amount of the subsidies.
Coming out of the tragic explosion that occurred in Beirut on August 4, 2020, companies are looking at the extent of property damage to the central Beirut area. This article addresses some of the insurance and other liability considerations that all should be aware of so that they be in a position to recover for their losses.
In this multi-jurisdictional guide, explore an overview of key legal issues, rules and developments regarding securitisation across a range of jurisdictions.
Australian insurers, brokers and other entities involved at the various stages of insurance claims handling need to consider the impact of the claims handling reform by reviewing all steps in their claims procedures for each relevant insurance product. In this article, the impacts of those reforms are explained.
In this in-depth practical ACC Guide (InfoPAK), explore key commercial insurance issues that in-house counsel face in the United States. Learn tips to assist US risk managers in maximizing the protection afforded by commercial insurance.
For the readers’ convenience, this glossary defines each acronym used in “A Policyholders’ Primer on Commercial Insurance in the United States”.
Explore ACC's selection of global, regional, and country-focused resources to help in-house counsel navigate legal, business and career issues arising from the COVID-19 (coronavirus / 2019-nCov) crisis.
A new Qatar health insurance scheme is due to take effect in May 2022 that applies to all expatriates and visitors to Qatar. This article considers how the new scheme will operate, what this means for employers and the insurance market in Qatar, and the implications for non-registered foreign health insurers operating in the region.
“Double extortion” attacks—which combine a traditional ransomware attack encrypting data with a threat to disclose the encrypted data publicly—are now increasingly common. Insurers in the U.S., UK and EU insurance markets are responding to the unprecedented increase in global ransomware attacks by scaling back coverage. This resource describes market developments and provides guidance to policyholders on managing the ransomware risk.
Learn how cyber-insurance can help protect businesses.
Most businesses see insurance premiums as a necessary expense. In a hard market, decisionmakers are often faced with accepting increasing premiums from insurance carriers even with minimal individual loss history. To reduce insurance premiums, businesses may shop around, increase deductibles, or worse, cut coverages. In fourth quarter 2021, commercial property and casualty premiums increased an average of 8.7% across all account sizes, with increases across all lines of business, including workers’ compensation coverage.
Captive insurance is often a solution that is overlooked because of anticipated complexity, the start-up costs and the commitment required to form a single parent captive, or concerns surrounding group captives and potentially paying for losses of companies with inadequate risk management.
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