FOODBORNE ILLNESS: WHAT THEY DON’T KNOW CAN HURT THEM Agents can help restaurant owners and managers better understand regulations, exposures, protection needs, coverage options, and more By Crystal Jacobs Restaurant owners and managers have a hundred things to worry about on a daily basis, including staying on top of supply chains, employee needs, local competition and customer satisfaction. The last thing they want to think about is whether they are
Specialty Lines
FOCUS ON SURETY Caution is the watchword in a potentially volatile market By Lori Widmer What a difference a few years make. Or not. In 2017, surety experts were cautiously optimistic. The market was holding steady, claims were low, and pricing and capacity were improved. Two years later, Aon’s Surety Market Update 2019 reveals that contract surety was profitable in 2018, with low loss activity and continued premium growth. Large
Specialty Lines Markets CONSTRUCTION INSURANCE Market may cool while labor shortage limits capacity to build By Joseph S. Harrington, CPCU The U.S. construction market may have hit the high-water mark of its post-recession recovery in the past two years, and could level off or decline slightly in 2020. Such news is rarely good for anyone operating in a market, but it may bring a welcome respite to contractors straining to
CYBER INSURANCE Contractual requirements drive demand as standardization remains elusive By Joseph S. Harrington, CPCU You might say that there are two kinds of businesses today: those that have cyber insurance and those that will, whether they want it or not. It’s hard to imagine that any enterprise today is unaware of the dangers of data breaches, ransomware, and “deceptive funds transfer.” It’s equally hard to imagine an enterprise that
Iso Emerging Issues Perspective By David Geller, CPCU, SCLA EVALI: SEARCH FOR A CAUSE A still-thriving cannabis black market may be to blame One purported benefit of the efforts towards legalization of marijuana across the United States would be to minimize the presence of a robust black market and the potential public health issues that emanate from an unregulated supply chain. However, the fragmented approach towards efforts to legalize adult
