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Articles

The New Wind Industry: An Emerging Marine Market

If you think wind energy is coming, you’re wrong. Wind energy is already here, and it’s here to stay. The nascent offshore wind industry off the East Coast has that will forever change the marine industry.

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National Emergency and Outbreak Period Ending Sooner

In January of this year, the White House announced that it intended to end the pandemic-related National Emergency and the separate Public Health Emergency on May 11, 2023. However, Congress has just passed a resolution that ends the National Emergency immediately, and President Biden has stated he will sign the legislation.

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Markets in Focus :: Cannabis Q1 2023

Efforts to legalize recreational cannabis continued their slow but steady progress across the U.S. in 2022 with approvals in three more states. Maryland and Missouri adopted legalization through statewide ballots, and legislation was approved and signed in Rhode Island.

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Risk in Focus :: Real Estate Q1 2023

We’ll explore four significant risks faced by Commercial Real Estate investors and landlords along the controllable/noncontrollable spectrum

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Losses from AI in Healthcare: Who is Liable?

While there has been continual growth in this area year over year, we began to see significant investment in AI in the healthcare sector at the onset of the COVID-19 pandemic. Since then, we’ve continued to see a steady increase, which is projected to carry on.

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Markets in Focus :: Healthcare Q1 2023

Just when the healthcare industry and its frontline caregivers were recovering from more than two years of managing enormous COVID-19 patient loads, the “triple threat” of COVID-19, influenza and RSV arrived with a vengeance in early fall.

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Executive Risk Solutions

The decreased number of IPOs and de-SPAC transactions in 2022 had a positive impact on pricing, resulting in increased competition between D&O carriers for existing company business. To learn more please read our latest Executive Risk Solutions Report

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Markets in Focus :: Cyber Q1 2023

The underlying theme of Cyber risk remains volatility – for both insured and insurer. While Cyber insurance has been available for over twenty years, it has only come into mainstream focus in the past five years due to the prevalence of ransomware attacks. Prior to that, Cyber insurance was seen as mainly an instrument to manage data breaches and privacy. Ransomware has demonstrated that Cyber risk is not limited to theft of data and is truly an enterprise risk.

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Rx Reporting – Round Two! (Sorry, you can’t ignore it this time.)

We’ve made it through the first round of prescription drug reporting (a/k/a RxDC reporting) required by the Consolidated Appropriations Act. The reports for 2020 and 2021 were initially due December 27, 2022 which deadline was later extended to January 31, 2023.

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Auto Insurance? But I Don’t Own a Fleet of Vehicles!

Driving is a high-risk activity that can create significant exposure for businesses, even if transportation is not a core component of operations. Non-owned vehicle exposure is an often-overlooked risk that can be managed in various ways.

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Markets in Focus :: General Q1 2023

COVID-19 caused a quick shift in the insurance industry in a number of ways. Technology is now more essential than ever in order for companies to run smoothly utilizing a virtual workspace.¹ As a result of the low-interest rates, demand for liquidity and the possibility of unexpected occurrences, organizations are being forced to modify their practices and specialize their insurance programs.

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Risk in Focus :: Advanced Manufacturing Q1 2023

RISK in Focus is an overview to show recent risks in the workplace, on the jobsite and throughout the world.
A comprehensive review of hazards that contribute to the risks are spelled out to help you learn and avoid these hazards for yourself and your company.

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