Due to Tropical Storm Ian, a binding restriction is being put in place, effective today on all new policies, increases in limits or new locations added to existing policies for the perils of Named Windstorm and Flood. Please contact a Markel representative for more information regarding this binding restriction.
New business binding restrictions
Due to the wildfires in New Mexico and California, the ability to purchase or issue new insurance policies or increase coverage in affected areas may be limited. Please contact a Markel representative for more information regarding these restrictions.
As many corporations publicly express their commitment to gender and racial diversity, some shareholders have filed lawsuits alleging companies are failing to achieve diversity at the executive leadership and board levels. Learn how litigation and legislation could impact future D&O (directors and officers) underwriting decisions.
Social inflation in the time of COVID—Is the pandemic distracting casualty insurers from the bigger threat? Social inflation in the time of COVID—Is the pandemic distracting casualty insurers from the bigger threat?
All construction projects can potentially benefit from instituting the latest best practices in managing job sites for optimized safety. Markel’s Risk Solution Services team offers a few tips to keep in mind to help optimize safety on job sites.
The purpose of this article is to provide an overview of the statutory provisions, recent case law of note, some unusual dynamics faced in managing these claims, and recent verdict and settlement values.