ENVIRONMENTAL AND POLLUTION INSURANCE Contractual requirements and concern for reputations drive steady demand By Joseph S. Harrington. CPCU In most years, changes in environ-mental and pollution insurance would be big news. In 2020, things are remarkably stable in the market. That would change in a hurry if most pollution and environmental policies were ruled to be liable for claims arising from the COVID-19 pandemic, but that does not appear to
Specialty Lines
Specialty Lines Markets FOCUS ON CONSTRUCTION Projects delayed until 202I and other COVID-I9 effects By Lori Widmer Since mid-March 2020, all business sectors are measuring with a new set of parameters that includes a global pandemic and its impact on nearly everything. The construction industry is no different. An April 2020 Procore survey of owners and developers shows that respondents anticipated impacts such as decreased capital spending, tightened lending, more
Coverholders and Risk Takers By Frank Huver DIVIDED BY A COMMON LANGUAGE Five steps for getting your new program or product in front of the London market For many U.S.-based agencies, the London market is something of a paradox. Lloyd’s is the oldest, most recognized insurance brand in the world. It has a well-earned reputation for being both innovative and savvy evaluators of risk. These qualities alone make it a
To the Point By John J. Heft POLLUTION LIABILITY 2020 A look at industry trends and challenges The year began with new trends in modular construction, robotics, 3D printing, and sustainability that are expected to reshape the construction marketplace with new efficiencies and cost-effective measures. Little did anyone know that a pandemic was already weaving its disastrous way through every phase of our society and economy. Predicted to experience a
CAPTIVES FOR COMP An expert weighs the pros and cons of this strategy and discusses the pandemic’s impact on comp coverage By Elisabeth Boone, CPCU Amid the turmoil brought on by the COVID-19 pandemic, high unemployment, and the murder of George Floyd, businesses continue to seek ways to deal with ongoing and new challenges. One of these is workers comp insurance, and an expert in that field is Frank Pennachio,
